Archive for June, 2009

Hard Money Lenders, Hard Money Lender - NEVADAN AT WORK: Vestin, CEO surviving hard times for lenders - Las Vegas Review Journal

Sunday, June 28th, 2009

NEVADAN AT WORK: Vestin, CEO surviving hard times for lenders - Las Vegas Review Journal
Hard money lender Mike Shustek helped finance the growth of Southern Nevada during the boom years but he drew more regulatory flak than a dive bomber. However, Shustek has successfully defended his companies against the serious allegations and so far

Subprime lenders targeted middle-class minorities - NWITimes.com
Gary retiree Meria Burr was looking for a way to pay off some debts when she went to a Merrillville loan broker three years ago. A veteran Gary businesswoman, she asked the broker about refinancing a rental home in Gary’s Tolleston neighborhood

Jim Ratcliffe faces £6bn D-day with bankers - Times Online
Tomorrow is a big day for Jim Ratcliffe, the secretive and arguably most successful British postwar industrial entrepreneur. He has to face down 600 bankers and persuade them to support his company through difficult times. Ratcliffe’s rise has been

PAT RICE: Are we close to the end of our real estate woes? - NW Florida Daily News
Our beautiful beaches, hotels and condos are filled with tourists. Restaurants are busy. Late in the afternoon traffic is backing up on U.S. Highway 98 through Destin and south Walton County, and of course on Brooks Bridge. It gives the illusion that

Debt chasers accused of bullying calls and threats - The Guardian
Debt agencies use unethical or even illegal methods to hound debtors, and are increasingly targeting the wrong people, according to consumer groups and the Office of Fair Trading. This year debt collection agencies are chasing more than £20bn of

From APS to Zirp the fallout from the credit crunch explained in 26 - The Guardian
A is for Asset Protection Scheme. Even after bailing them out with £37bn last October, the government became concerned earlier this year that Britain’s banks were still in too much of a mess to start lending again. So they introduced the APS, a

NEVADAN AT WORK: Vestin, CEO surviving hard times for lenders - Las Vegas Review Journal
Hard money lender Mike Shustek helped finance the growth of Southern Nevada during the boom years but he drew more regulatory flak than a dive bomber. However, Shustek has successfully defended his companies against the serious allegations and so far

Subprime lenders targeted middle-class minorities - NWITimes.com
Gary retiree Meria Burr was looking for a way to pay off some debts when she went to a Merrillville loan broker three years ago. A veteran Gary businesswoman, she asked the broker about refinancing a rental home in Gary’s Tolleston neighborhood

Jim Ratcliffe faces £6bn D-day with bankers - Times Online
Tomorrow is a big day for Jim Ratcliffe, the secretive and arguably most successful British postwar industrial entrepreneur. He has to face down 600 bankers and persuade them to support his company through difficult times. Ratcliffe’s rise has been

PAT RICE: Are we close to the end of our real estate woes? - NW Florida Daily News
Our beautiful beaches, hotels and condos are filled with tourists. Restaurants are busy. Late in the afternoon traffic is backing up on U.S. Highway 98 through Destin and south Walton County, and of course on Brooks Bridge. It gives the illusion that

Debt chasers accused of bullying calls and threats - The Guardian
Debt agencies use unethical or even illegal methods to hound debtors, and are increasingly targeting the wrong people, according to consumer groups and the Office of Fair Trading. This year debt collection agencies are chasing more than £20bn of

From APS to Zirp the fallout from the credit crunch explained in 26 - The Guardian
A is for Asset Protection Scheme. Even after bailing them out with £37bn last October, the government became concerned earlier this year that Britain’s banks were still in too much of a mess to start lending again. So they introduced the APS, a

Hard Money Lenders, Hard Money Lender - NEVADAN AT WORK: Vestin, CEO surviving hard times for lenders - Las Vegas Review Journal

Saturday, June 27th, 2009

NEVADAN AT WORK: Vestin, CEO surviving hard times for lenders - Las Vegas Review Journal
Hard money lender Mike Shustek helped finance the growth of Southern Nevada during the boom years but he drew more regulatory flak than a dive bomber. However, Shustek has successfully defended his companies against the serious allegations and so far

American dream dies hard - Beacon News
At first glance, the home in the 2500 block of Lyman Loop fits in perfectly among the puzzle of residences in the Grande Reserve subdivision on the north end of Yorkville. The home’s vanilla-and-teal color scheme matches homes next door and across

‘Our Lot’: A blueprint of why the housing market failed - Austin American-Statesman
When the world’s financial sector fell last year, politicians and pundits quickly found the villain: the housing bubble and bust. Yet five years ago, the housing bubble was looked upon more benignly, as our economy’s way to power itself out of the

Landmarc Capital seized; declared insolvent - AZCentral.com
State regulators have taken over one of the state’s biggest hard-money lenders, Scottsdale-based Landmarc Capital & Investment Co., after declaring it insolvent. Arizona Department of Financial Institution’s Superintendent Felecia Rotellini was

Obama refis: Slow out of the gate - CNN Money
NEW YORK (CNNMONEY.COM) — The Mortgage Bankers Association has slashed its estimate of the number of mortgages its members will issue in 2009. One reason: Few refinancings are being done under President Obama’s ballyhooed Home Affordable Refinance

Analysts say home loans will soon be hard to get with bad credit - ksl.com
SALT LAKE CITY — The point of an FHA loan is to help people with low credit scores get a home, but there’s one major problem. “The default rates for FHA loans have climbed up around 8 to 8.5 percent, which is huge. They should be around 1.5 to 2

NEVADAN AT WORK: Vestin, CEO surviving hard times for lenders - Las Vegas Review Journal
Hard money lender Mike Shustek helped finance the growth of Southern Nevada during the boom years but he drew more regulatory flak than a dive bomber. However, Shustek has successfully defended his companies against the serious allegations and so far

American dream dies hard - Beacon News
At first glance, the home in the 2500 block of Lyman Loop fits in perfectly among the puzzle of residences in the Grande Reserve subdivision on the north end of Yorkville. The home’s vanilla-and-teal color scheme matches homes next door and across

‘Our Lot’: A blueprint of why the housing market failed - Austin American-Statesman
When the world’s financial sector fell last year, politicians and pundits quickly found the villain: the housing bubble and bust. Yet five years ago, the housing bubble was looked upon more benignly, as our economy’s way to power itself out of the

Landmarc Capital seized; declared insolvent - AZCentral.com
State regulators have taken over one of the state’s biggest hard-money lenders, Scottsdale-based Landmarc Capital & Investment Co., after declaring it insolvent. Arizona Department of Financial Institution’s Superintendent Felecia Rotellini was

Obama refis: Slow out of the gate - CNN Money
NEW YORK (CNNMONEY.COM) — The Mortgage Bankers Association has slashed its estimate of the number of mortgages its members will issue in 2009. One reason: Few refinancings are being done under President Obama’s ballyhooed Home Affordable Refinance

Analysts say home loans will soon be hard to get with bad credit - ksl.com
SALT LAKE CITY — The point of an FHA loan is to help people with low credit scores get a home, but there’s one major problem. “The default rates for FHA loans have climbed up around 8 to 8.5 percent, which is huge. They should be around 1.5 to 2

Hard Money Lenders, Hard Money Lender - Landmarc Capital seized; declared insolvent - AZCentral.com

Saturday, June 27th, 2009

Landmarc Capital seized; declared insolvent - AZCentral.com
State regulators have taken over one of the state’s biggest hard-money lenders, Scottsdale-based Landmarc Capital & Investment Co., after declaring it insolvent. Arizona Department of Financial Institution’s Superintendent Felecia Rotellini was

Mentally ill exploited by careless lenders - Times Online
Dealing with bank staff, paying your bills on time and dodging the hard sell can be difficult at the best of times. But if you are one of the 16 per cent of Britons with some form of mental illness, it can be almost impossible. Problem debt, defined

Obama refis: Slow out of the gate - CNN Money
NEW YORK (CNNMONEY.COM) — The Mortgage Bankers Association has slashed its estimate of the number of mortgages its members will issue in 2009. One reason: Few refinancings are being done under President Obama’s ballyhooed Home Affordable Refinance

NEVADAN AT WORK: Vestin, CEO surviving hard times for lenders - Las Vegas Review Journal
Hard money lender Mike Shustek helped finance the growth of Southern Nevada during the boom years but he drew more regulatory flak than a dive bomber. However, Shustek has successfully defended his companies against the serious allegations and so far

SBA program aims to help struggling small-business owners - Star-Banner
No longer do small businesses have to drown in debt during hard times. As of June 15, the U.S. Small Business Administration is throwing out a life preserver to help business owners who fear they are going under. Created in 1953 to help small

Spain Launches €9 Bln Bank Bailout Fund - RTT News
(RTTNews) - Spain on Friday launched a €9 billion fund to rescue troubled banks hit hard by the global recession. The Fund for Ordered Bank Restructuring, which would start off with €9 billion and could be expanded to €90 billion, was approved

LeFrak: Lenders Must Keep More Skin In The Game - CNBC
Amid all the steps the government has taken to shore up the banking system, a recent proposal by the Obama administration to require lenders to retain a stake in securitized loans is a “tremendous game-changer,” says real estate mogul Richard LeFrak

Analysts say home loans will soon be hard to get with bad credit - ksl.com
SALT LAKE CITY — The point of an FHA loan is to help people with low credit scores get a home, but there’s one major problem. “The default rates for FHA loans have climbed up around 8 to 8.5 percent, which is huge. They should be around 1.5 to 2

Franchisees on the sidelines in tough economy - St. Petersburg Times
Tanya Mareno, left, vice president of sales and development for Planet Smoothie, and three-franchise owner Connie Mann talk with prospective franchisee Louis Robert. Executives with the Planet Smoothie chain pulled out all the stops when their

Landmarc Capital seized; declared insolvent - AZCentral.com
State regulators have taken over one of the state’s biggest hard-money lenders, Scottsdale-based Landmarc Capital & Investment Co., after declaring it insolvent. Arizona Department of Financial Institution’s Superintendent Felecia Rotellini was

Mentally ill exploited by careless lenders - Times Online
Dealing with bank staff, paying your bills on time and dodging the hard sell can be difficult at the best of times. But if you are one of the 16 per cent of Britons with some form of mental illness, it can be almost impossible. Problem debt, defined

Obama refis: Slow out of the gate - CNN Money
NEW YORK (CNNMONEY.COM) — The Mortgage Bankers Association has slashed its estimate of the number of mortgages its members will issue in 2009. One reason: Few refinancings are being done under President Obama’s ballyhooed Home Affordable Refinance

NEVADAN AT WORK: Vestin, CEO surviving hard times for lenders - Las Vegas Review Journal
Hard money lender Mike Shustek helped finance the growth of Southern Nevada during the boom years but he drew more regulatory flak than a dive bomber. However, Shustek has successfully defended his companies against the serious allegations and so far

SBA program aims to help struggling small-business owners - Star-Banner
No longer do small businesses have to drown in debt during hard times. As of June 15, the U.S. Small Business Administration is throwing out a life preserver to help business owners who fear they are going under. Created in 1953 to help small

Spain Launches €9 Bln Bank Bailout Fund - RTT News
(RTTNews) - Spain on Friday launched a €9 billion fund to rescue troubled banks hit hard by the global recession. The Fund for Ordered Bank Restructuring, which would start off with €9 billion and could be expanded to €90 billion, was approved

LeFrak: Lenders Must Keep More Skin In The Game - CNBC
Amid all the steps the government has taken to shore up the banking system, a recent proposal by the Obama administration to require lenders to retain a stake in securitized loans is a “tremendous game-changer,” says real estate mogul Richard LeFrak

Analysts say home loans will soon be hard to get with bad credit - ksl.com
SALT LAKE CITY — The point of an FHA loan is to help people with low credit scores get a home, but there’s one major problem. “The default rates for FHA loans have climbed up around 8 to 8.5 percent, which is huge. They should be around 1.5 to 2

Franchisees on the sidelines in tough economy - St. Petersburg Times
Tanya Mareno, left, vice president of sales and development for Planet Smoothie, and three-franchise owner Connie Mann talk with prospective franchisee Louis Robert. Executives with the Planet Smoothie chain pulled out all the stops when their

Hard Money Lenders, Hard Money Lender - UN official warns ‘missing link’ in global financial system growing - Lebanon Daily Star

Friday, June 26th, 2009

UN official warns ‘missing link’ in global financial system growing - Lebanon Daily Star
UNITED NATIONS: The UN trade chief said Thursday there is a “missing link” in the international financial system that is becoming more critical as the global economic crisis drags on: What happens when a country is bankrupt and can’t pay its debts

UN official warns ‘missing link’ in global financial system growing - Lebanon Daily Star
UNITED NATIONS: The UN trade chief said Thursday there is a “missing link” in the international financial system that is becoming more critical as the global economic crisis drags on: What happens when a country is bankrupt and can’t pay its debts

Hard Money Lenders, Hard Money Lender - Hard Money Lenders For Real Estate Investors

Friday, June 26th, 2009

Hard Money Lenders For Real Estate Investors
Most hard money lenders are usually less concerned about your credit, and more concerned about how much equity is in the property. After all, the property is their collateral, and

Hard Money Funding Network: The only National Database for borrowers
The only national network of Hard Money Funding and lending for Borrowers, Brokers, and Lenders

real estate investing, foreclosures, hardmoney, investment real estate
is the leading information/networking service provider to the real estate investing industry, delivering a network of over 7,000 contacts ranging from hard/private money lenders

Hard Money Lenders
National Directory of Hard Money Lenders for Real Estate Investing and Rehabs

Houston Real Estate Investor Loans, Hard Money Loan, Hardmoney Lender
Houston Hard Money Loans, Hard Money Lenders, Real Estate Investor Loan, Hardmoney lender

Hard Money Brokers,california hard money lenders,Bridge Loan,Equity
Hard Money Brokers offers the best California mortgage and refinance services for home owners and home buyers. Experienced mortgage professionals providing full mortgage related

Hard Money Lending, Hard Money Rehab Loans in North Carolina (NC
Our goal each day is to make the process of financing your real estate investments simple with up to 100% financing of needed purchase and rehab funds, and loans funded in as

Explaining Hard Money Lenders - Financial Web
Part 1. Hard money lenders are individuals or small companies that have funds available for investment. They have the advantages of being flexible and able to move quickly.

Hard Money Lenders - A directory of hard money loan and private money
Hard money lenders across the United States. Hard Money Lender Directory - “Your #1 resource for hard money loans”

Hard Money Lenders For Real Estate Investors
Most hard money lenders are usually less concerned about your credit, and more concerned about how much equity is in the property. After all, the property is their collateral, and

Hard Money Funding Network: The only National Database for borrowers
The only national network of Hard Money Funding and lending for Borrowers, Brokers, and Lenders

real estate investing, foreclosures, hardmoney, investment real estate
is the leading information/networking service provider to the real estate investing industry, delivering a network of over 7,000 contacts ranging from hard/private money lenders

Hard Money Lenders
National Directory of Hard Money Lenders for Real Estate Investing and Rehabs

Houston Real Estate Investor Loans, Hard Money Loan, Hardmoney Lender
Houston Hard Money Loans, Hard Money Lenders, Real Estate Investor Loan, Hardmoney lender

Hard Money Brokers,california hard money lenders,Bridge Loan,Equity
Hard Money Brokers offers the best California mortgage and refinance services for home owners and home buyers. Experienced mortgage professionals providing full mortgage related

Hard Money Lending, Hard Money Rehab Loans in North Carolina (NC
Our goal each day is to make the process of financing your real estate investments simple with up to 100% financing of needed purchase and rehab funds, and loans funded in as

Explaining Hard Money Lenders - Financial Web
Part 1. Hard money lenders are individuals or small companies that have funds available for investment. They have the advantages of being flexible and able to move quickly.

Hard Money Lenders - A directory of hard money loan and private money
Hard money lenders across the United States. Hard Money Lender Directory - “Your #1 resource for hard money loans”

Hard Money Lenders, Hard Money Lender - Landmarc Capital seized by state; declared insolvent - Arizona Republic

Friday, June 26th, 2009

Landmarc Capital seized by state; declared insolvent - Arizona Republic

Landmarc Capital seized by state; declared insolvent
Arizona Republic
25, 2009 12:00 AM State regulators have taken over one of the state's biggest hard-money lenders, Scottsdale-based Landmarc Capital & Investment Co.,

and more »

Landmarc Capital seized by state; declared insolvent - Arizona Republic

Landmarc Capital seized by state; declared insolvent
Arizona Republic
25, 2009 12:00 AM State regulators have taken over one of the state's biggest hard-money lenders, Scottsdale-based Landmarc Capital & Investment Co.,

and more »

Hard Money Lenders, Hard Money Lender - LeFrak: Lenders Must Keep More Skin In The Game - CNBC

Friday, June 26th, 2009

LeFrak: Lenders Must Keep More Skin In The Game - CNBC
Amid all the steps the government has taken to shore up the banking system, a recent proposal by the Obama administration to require lenders to retain a stake in securitized loans is a “tremendous game-changer,” says real estate mogul Richard LeFrak

Subprime lenders targeted middle-class minorities - NWITimes.com
Gary retiree Meria Burr was looking for a way to pay off some debts when she went to a Merrillville loan broker three years ago. A veteran Gary businesswoman, she asked the broker about refinancing a rental home in Gary’s Tolleston neighborhood

Analysts say home loans will soon be hard to get with bad credit - ksl.com
SALT LAKE CITY — The point of an FHA loan is to help people with low credit scores get a home, but there’s one major problem. “The default rates for FHA loans have climbed up around 8 to 8.5 percent, which is huge. They should be around 1.5 to 2

Obama refis: Slow out of the gate - CNN Money
NEW YORK (CNNMONEY.COM) — The Mortgage Bankers Association has slashed its estimate of the number of mortgages its members will issue in 2009. One reason: Few refinancings are being done under President Obama’s ballyhooed Home Affordable Refinance

The American dream dies hard - Beacon News
At first glance, the home in the 2500 block of Lyman Loop fits in perfectly among the puzzle of residences in the Grande Reserve subdivision on the north end of Yorkville. The home’s vanilla-and-teal color scheme matches homes next door and across

Obama: New consumer protections ‘essential’ - AOL
WASHINGTON -President Barack Obama is warning critics of his vast financial overhaul plan that he has no patience for debate from hard-line defenders of a system that has exploited bewildered consumers. Pushing for a law this year, Obama said: “While

Landmarc Capital seized; declared insolvent - AZCentral.com
State regulators have taken over one of the state’s biggest hard-money lenders, Scottsdale-based Landmarc Capital & Investment Co., after declaring it insolvent. Arizona Department of Financial Institution’s Superintendent Felecia Rotellini was

LeFrak: Lenders Must Keep More Skin In The Game - CNBC
Amid all the steps the government has taken to shore up the banking system, a recent proposal by the Obama administration to require lenders to retain a stake in securitized loans is a “tremendous game-changer,” says real estate mogul Richard LeFrak

Subprime lenders targeted middle-class minorities - NWITimes.com
Gary retiree Meria Burr was looking for a way to pay off some debts when she went to a Merrillville loan broker three years ago. A veteran Gary businesswoman, she asked the broker about refinancing a rental home in Gary’s Tolleston neighborhood

Analysts say home loans will soon be hard to get with bad credit - ksl.com
SALT LAKE CITY — The point of an FHA loan is to help people with low credit scores get a home, but there’s one major problem. “The default rates for FHA loans have climbed up around 8 to 8.5 percent, which is huge. They should be around 1.5 to 2

Obama refis: Slow out of the gate - CNN Money
NEW YORK (CNNMONEY.COM) — The Mortgage Bankers Association has slashed its estimate of the number of mortgages its members will issue in 2009. One reason: Few refinancings are being done under President Obama’s ballyhooed Home Affordable Refinance

The American dream dies hard - Beacon News
At first glance, the home in the 2500 block of Lyman Loop fits in perfectly among the puzzle of residences in the Grande Reserve subdivision on the north end of Yorkville. The home’s vanilla-and-teal color scheme matches homes next door and across

Obama: New consumer protections ‘essential’ - AOL
WASHINGTON -President Barack Obama is warning critics of his vast financial overhaul plan that he has no patience for debate from hard-line defenders of a system that has exploited bewildered consumers. Pushing for a law this year, Obama said: “While

Landmarc Capital seized; declared insolvent - AZCentral.com
State regulators have taken over one of the state’s biggest hard-money lenders, Scottsdale-based Landmarc Capital & Investment Co., after declaring it insolvent. Arizona Department of Financial Institution’s Superintendent Felecia Rotellini was

Hard Money Lenders, Hard Money Lender - Hard Money Lender

Friday, June 26th, 2009

Hard Money Lender
Hard Money Lender - What is a hard money lender? Consistently hearing

Manana Funding
We know the hurdles and challenges of getting Hard Money for Real Estate Projects. A great Hard Money Lender should be focused on delivering their expectations and building

DHLC, Investments Inc.: TX Hard Money Loans
Hard Money is available for adequately collateralized loans on single-family residential We are a direct local lender that thrives on the reputation of actually doing what we

Hard Money Lending, Hard Money Rehab Loans in North Carolina (NC
South Street Funding, Inc. is a residential hard money lender that helps residential real estate investors purchase and rehab investment properties located in major metropolitan

Hard Money Lender - Fast Hard Money Loans Lender - Hard Money Lending
VC Commercial Lenders:: Up to 100% LTV Commercial Funding via Venture Capital. From equity options to principle payback with interest. With over $1 Trillion available for

Wholesale hard money lenders, private money loan programs
A list of Hard Money lenders for residential and commercial lending.

Hard Money Lenders
Hard money lenders often have a hard time attracting new customers. Part of this may be due to the reputation that hard money lenders have developed in the industry. As there are

Find Residential and Commercial Hard Money and Private Money Lenders
Hard Money and bad credit home equity loans at the best mortgage rate possible. Our specialized hard money and private lenders compete for your loan. Bad credit, foreclosure

Hard Money Lender
Hard Money Lender - What is a hard money lender? Consistently hearing

Manana Funding
We know the hurdles and challenges of getting Hard Money for Real Estate Projects. A great Hard Money Lender should be focused on delivering their expectations and building

DHLC, Investments Inc.: TX Hard Money Loans
Hard Money is available for adequately collateralized loans on single-family residential We are a direct local lender that thrives on the reputation of actually doing what we

Hard Money Lending, Hard Money Rehab Loans in North Carolina (NC
South Street Funding, Inc. is a residential hard money lender that helps residential real estate investors purchase and rehab investment properties located in major metropolitan

Hard Money Lender - Fast Hard Money Loans Lender - Hard Money Lending
VC Commercial Lenders:: Up to 100% LTV Commercial Funding via Venture Capital. From equity options to principle payback with interest. With over $1 Trillion available for

Wholesale hard money lenders, private money loan programs
A list of Hard Money lenders for residential and commercial lending.

Hard Money Lenders
Hard money lenders often have a hard time attracting new customers. Part of this may be due to the reputation that hard money lenders have developed in the industry. As there are

Find Residential and Commercial Hard Money and Private Money Lenders
Hard Money and bad credit home equity loans at the best mortgage rate possible. Our specialized hard money and private lenders compete for your loan. Bad credit, foreclosure

Hard Money Lenders, Hard Money Lender - Six Dresdner Employees Sue Over Bonuses in Frankfurt - Bloomberg

Thursday, June 25th, 2009

Six Dresdner Employees Sue Over Bonuses in Frankfurt - Bloomberg

Six Dresdner Employees Sue Over Bonuses in Frankfurt
Bloomberg
Bankers' pay has become controversial after the credit crunch forced governments to use taxpayers' money to prop up lenders. The Frankfurt court didn't

and more »

For Those with Money: "You Won't Find a Better Time to Be a Buyer" - CoStar Group

For Those with Money: "You Won't Find a Better Time to Be a Buyer"
CoStar Group
First, lenders want more equity in the deals (whether it's a new loan or a refi). Second, prices have already dropped in most markets to the point where a

and more »

Capital One's $549 Million Man Buys Back Freedom: Jonathan Weil - Bloomberg

Capital One's $549 Million Man Buys Back Freedom: Jonathan Weil
Bloomberg
About $3.6 billion less than what was in there two weeks ago, now that the credit-card lender has returned its taxpayer bailout cash.

and more »

Analysts say home loans will soon be hard to get with bad credit - KSL-TV

Analysts say home loans will soon be hard to get with bad credit
KSL-TV
Bingham says these default rates are too much for lenders and too much money is being lost. "Even though they're HUD insured, if lenders incur a certain
HUD 223 (f) – Pros and ConsREjournals.com

all 2 news articles »

Landmarc Capital seized by state; declared insolvent - Arizona Republic

Landmarc Capital seized by state; declared insolvent
Arizona Republic
25, 2009 12:00 AM State regulators have taken over one of the state's biggest hard-money lenders, Scottsdale-based Landmarc Capital & Investment Co.,

and more »

Puerto Rico Means Business: Interview With Money House President … - Reverse Mortgage Daily

Puerto Rico Means Business: Interview With Money House President
Reverse Mortgage Daily
Money House has built an incredible business in Puerto Rico, making it the 9th largest reverse mortgage lender according to HUD data.

and more »

Six Dresdner Employees Sue Over Bonuses in Frankfurt - Bloomberg

Six Dresdner Employees Sue Over Bonuses in Frankfurt
Bloomberg
Bankers' pay has become controversial after the credit crunch forced governments to use taxpayers' money to prop up lenders. The Frankfurt court didn't

and more »

For Those with Money: "You Won't Find a Better Time to Be a Buyer" - CoStar Group

For Those with Money: "You Won't Find a Better Time to Be a Buyer"
CoStar Group
First, lenders want more equity in the deals (whether it's a new loan or a refi). Second, prices have already dropped in most markets to the point where a

and more »

Capital One's $549 Million Man Buys Back Freedom: Jonathan Weil - Bloomberg

Capital One's $549 Million Man Buys Back Freedom: Jonathan Weil
Bloomberg
About $3.6 billion less than what was in there two weeks ago, now that the credit-card lender has returned its taxpayer bailout cash.

and more »

Analysts say home loans will soon be hard to get with bad credit - KSL-TV

Analysts say home loans will soon be hard to get with bad credit
KSL-TV
Bingham says these default rates are too much for lenders and too much money is being lost. "Even though they're HUD insured, if lenders incur a certain
HUD 223 (f) – Pros and ConsREjournals.com

all 2 news articles »

Landmarc Capital seized by state; declared insolvent - Arizona Republic

Landmarc Capital seized by state; declared insolvent
Arizona Republic
25, 2009 12:00 AM State regulators have taken over one of the state's biggest hard-money lenders, Scottsdale-based Landmarc Capital & Investment Co.,

and more »

Puerto Rico Means Business: Interview With Money House President … - Reverse Mortgage Daily

Puerto Rico Means Business: Interview With Money House President
Reverse Mortgage Daily
Money House has built an incredible business in Puerto Rico, making it the 9th largest reverse mortgage lender according to HUD data.

and more »

Hard Money Lenders, Hard Money Lender - Analysts say home loans will soon be hard to get with bad credit - ksl.com

Thursday, June 25th, 2009

Analysts say home loans will soon be hard to get with bad credit - ksl.com
SALT LAKE CITY — The point of an FHA loan is to help people with low credit scores get a home, but there’s one major problem. “The default rates for FHA loans have climbed up around 8 to 8.5 percent, which is huge. They should be around 1.5 to 2

NEVADAN AT WORK: Vestin, CEO surviving hard times for lenders - Las Vegas Review Journal
Hard money lender Mike Shustek helped finance the growth of Southern Nevada during the boom years but he drew more regulatory flak than a dive bomber. However, Shustek has successfully defended his companies against the serious allegations and so far

Obama refis: Slow out of the gate - CNN Money
NEW YORK (CNNMONEY.COM) — The Mortgage Bankers Association has slashed its estimate of the number of mortgages its members will issue in 2009. One reason: Few refinancings are being done under President Obama’s ballyhooed Home Affordable Refinance

Don’t bet on a bank dividend rebound - CNN Money
Dividends paid out by diversified financial services firms in the S&P 500 like JPMorgan Chase and Bank of America have plunged nearly 92% since March of 2007, according to Thomson Reuters. NEW YORK (CNNMoney.com) — Leaving behind TARP will likely

Landmarc Capital seized; declared insolvent - AZCentral.com
State regulators have taken over one of the state’s biggest hard-money lenders, Scottsdale-based Landmarc Capital & Investment Co., after declaring it insolvent. Arizona Department of Financial Institution’s Superintendent Felecia Rotellini was

Cash buyers rule Lee County market - News-Press
A Fort Myers couple lost their dream home to someone offering less money — twice. Josh Terwilliger and his fiancee Gail Berlam offered $70,000 on a foreclosure in northwest Cape Coral only to lose out to a $50,000 offer from a buyer with cash. When

Subprime lenders targeted middle-class minorities - NWITimes.com
Gary retiree Meria Burr was looking for a way to pay off some debts when she went to a Merrillville loan broker three years ago. A veteran Gary businesswoman, she asked the broker about refinancing a rental home in Gary’s Tolleston neighborhood

California ‘Meltdown’: State Could Run Out of Money by July 28 - FOX News
SACRAMENTO, Calif. — To hear Gov. Arnold Schwarzenegger and state finance officials tell it, July 28 is California’s last stand before fiscal Armageddon. Top financial officers say that’s when the state will run out of cash to pay its daily

LeFrak: Lenders Must Keep More Skin In The Game - CNBC
Amid all the steps the government has taken to shore up the banking system, a recent proposal by the Obama administration to require lenders to retain a stake in securitized loans is a “tremendous game-changer,” says real estate mogul Richard LeFrak

Japan’s Shinsei, Aozora say in merger talks - Channel NewsAsia
TOKYO: Troubled Japanese lenders Shinsei and Aozora said that they were exploring a possible merger that would create the nation’s sixth biggest commercial bank. Shinsei Bank and Aozora Bank both confirmed in brief statements that they were holding

Analysts say home loans will soon be hard to get with bad credit - ksl.com
SALT LAKE CITY — The point of an FHA loan is to help people with low credit scores get a home, but there’s one major problem. “The default rates for FHA loans have climbed up around 8 to 8.5 percent, which is huge. They should be around 1.5 to 2

NEVADAN AT WORK: Vestin, CEO surviving hard times for lenders - Las Vegas Review Journal
Hard money lender Mike Shustek helped finance the growth of Southern Nevada during the boom years but he drew more regulatory flak than a dive bomber. However, Shustek has successfully defended his companies against the serious allegations and so far

Obama refis: Slow out of the gate - CNN Money
NEW YORK (CNNMONEY.COM) — The Mortgage Bankers Association has slashed its estimate of the number of mortgages its members will issue in 2009. One reason: Few refinancings are being done under President Obama’s ballyhooed Home Affordable Refinance

Don’t bet on a bank dividend rebound - CNN Money
Dividends paid out by diversified financial services firms in the S&P 500 like JPMorgan Chase and Bank of America have plunged nearly 92% since March of 2007, according to Thomson Reuters. NEW YORK (CNNMoney.com) — Leaving behind TARP will likely

Landmarc Capital seized; declared insolvent - AZCentral.com
State regulators have taken over one of the state’s biggest hard-money lenders, Scottsdale-based Landmarc Capital & Investment Co., after declaring it insolvent. Arizona Department of Financial Institution’s Superintendent Felecia Rotellini was

Cash buyers rule Lee County market - News-Press
A Fort Myers couple lost their dream home to someone offering less money — twice. Josh Terwilliger and his fiancee Gail Berlam offered $70,000 on a foreclosure in northwest Cape Coral only to lose out to a $50,000 offer from a buyer with cash. When

Subprime lenders targeted middle-class minorities - NWITimes.com
Gary retiree Meria Burr was looking for a way to pay off some debts when she went to a Merrillville loan broker three years ago. A veteran Gary businesswoman, she asked the broker about refinancing a rental home in Gary’s Tolleston neighborhood

California ‘Meltdown’: State Could Run Out of Money by July 28 - FOX News
SACRAMENTO, Calif. — To hear Gov. Arnold Schwarzenegger and state finance officials tell it, July 28 is California’s last stand before fiscal Armageddon. Top financial officers say that’s when the state will run out of cash to pay its daily

LeFrak: Lenders Must Keep More Skin In The Game - CNBC
Amid all the steps the government has taken to shore up the banking system, a recent proposal by the Obama administration to require lenders to retain a stake in securitized loans is a “tremendous game-changer,” says real estate mogul Richard LeFrak

Japan’s Shinsei, Aozora say in merger talks - Channel NewsAsia
TOKYO: Troubled Japanese lenders Shinsei and Aozora said that they were exploring a possible merger that would create the nation’s sixth biggest commercial bank. Shinsei Bank and Aozora Bank both confirmed in brief statements that they were holding