Hard Money Loans

ch_client = “davidguide”; ch_width = 336; ch_height = 280; ch_type = “mpu”; ch_sid = “Chitika Default”; ch_backfill = 1; ch_color_site_link = “#0000CC”; ch_color_title = “#0000CC”; ch_color_border = “#FFFFFF”; ch_color_text = “#000000″; ch_color_bg = “#FFFFFF”; This past week has been one of mixed economic indicators. On Wednesday, Pres. Obama met separately with the House GOP members [...]

General Motors Co., the largest U.S. automaker, plans to start a pilot program this year for making loans to dealers to buy new vehicles from the company, expanding its finance business. View full post on All Stories

President Barack Obama has amended disaster declarations resulting from severe storms, tornadoes and flooding since April 22 in Kentucky, making 70 counties eligible for U.S. Department of Agriculture Farm Service Agency emergency loans. View full post on All Stories

Jumbo mortgages were priced around 55 basis points higher than conforming loans in the most recent U.S. Mortgage Market Index report from Mortech Inc . and MortgageDaily.com . The jumbo-conforming spread was better than 80 BPS during the same week last year. And the jumbo-conforming spread has improved considerably from the 113-basis-point level that existed [...]

Bank of America, Morgan Stanley and Goldman Sachs among those questioned by attorney general Eric Schneiderman Wall Street banks are facing fresh high-level scrutiny of their role in the credit crunch as New York’s attorney general opens an investigation into the packaging of mortgage loans into securities. Eric Schneiderman has called for meetings with several [...]

Reuters – Ireland wants to reschedule debt issued under its EU/IMF rescue package and will not accept less favorable treatment than other bailed out countries in changing the deal, its public expenditure minister said on Thursday. View full post on All Stories

Mumbai, May 7 (PTI) Two banks including State Bank of Travancore (SBT) today raised lending rates by 50 basis points which will make auto, home and other loans from the lender costlier to existing as well as new borrowers. The revised base rate or the View full post on All Stories

JAKARTA (IFT) – PT ICRA Indonesia, a rating agency, estimated the growth of foreign currency denominated loans will slow down this year due to the Bank Indonesia’s rule on minimum mandatory reserves for foreign exchange. The foreign currency loans, when converted into Rupiah, is estimated to grow only 15 percent this year far below last [...]

SAN FRANCISCO (MarketWatch) — Chrysler LLC will unveil plans next week to launch a deal to pay back $7 billion in government loans, Reuters reported on Wednesday. Chrysler, according to several sources familiar with the matter, plans to raise $6 billion in term loans and bonds while taking $1.3 billion in cash from Fiat SpA [...]

State employees have received millions in paycheck and travel advances that they’ve failed to repay – and if they manage to avoid repaying for three years, they don’t have to repay at all. Controller John Chiang is still investigating, but a… View full post on All Stories