Bankrupt Your Student Loans: And Other Discharge Strategies

A second Arkansas bank has sued Kevin Lewis, a Little Rock attorney, for defaulting on loans, this time for debts totaling $1.8 million. View full post on All Stories

Regulators on Friday shut down small banks in Michigan and Pennsylvania, boosting the number of U.S. banks that have failed this year to 151 as bad loans have mounted and the economy has been slow to heal. View full post on All Stories

HOUSTON, Dec. 10, 2010 /PRNewswire-FirstCall/ — Cheniere Energy, Inc. (“Cheniere”) (NYSE Amex: LNG) announced today that its wholly owned subsidiary, Cheniere Common Units Holding, LLC, has reached an agreement with its lenders to amend certain provisions of the Credit Agreement dated August 15, 20 View full post on All Stories

It is important to get rid of debts as soon as possible if you have accumulated debts by mistakes. Debt consolidation loans are best solution to eliminate the debts instantly without facing problem. It is considered as the most popular option in UK for debtors to pay off previous loans, credit card payments, outstanding bills [...]

Prospective borrowers chose an adjustable-rate mortgage on 5.6 percent of the applications tracked in the latest Mortgage Bankers Association’s Weekly Mortgage Applications Survey . ARM share fell from 5.7 percent the previous week. Based on closed loans, Freddie Mac forecasts that ARMs will account for 6 percent of fourth-quarter volume then climb to 10 percent [...]

Three banks in Mississippi got millions of dollars from a Federal Reserve short-term loan program aimed at stabilizing financial markets. View full post on All Stories

Federal officials launched an investigation Wednesday to determine whether 22 mortgage lenders have been discriminating against qualified African-American and Latino borrowers by denying them government-insured loans. View full post on All Stories

A former loan officer at First Security Trust & Savings Bank admitted that he manually modified mortgage loans without his employer’s knowledge. His actions ended up costing the Illinois bank more than $5 million. He was sentenced to 63 months in prison. View full post on All Stories

BEIJING (Reuters) – China is likely to raise interest rates in the coming days in a demonstration of the government’s resolve to tame inflation, an official newspaper said on Tuesday. View full post on All Stories

JULIA Gillard today signed off a loan agreement with New South Wales to offer $160 million to asbestos victims and their families. View full post on All Stories