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January 25th, 2009

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Merkel Seeks Fast Track for $67 Billion Stimulus for Germany - Bloomberg

January 8th, 2009

Merkel Seeks Fast Track for $67 Billion Stimulus for Germany - Bloomberg

Merkel Seeks Fast Track for $67 Billion Stimulus for Germany
Bloomberg - Jan 6, 2009
Merkel’s coalition announced an initial 50 billion-euro package of tax relief and state loans in November that comprised 32 billion euros of spending over

Source: news.google.com

Gov. Crist seeks support for loan program - Tampa Bay’s 10

Gov. Crist seeks support for loan program
Tampa Bay’s 10, FL - Jan 6, 2009
Crist said federal bank-bailout money is not being turned into loans fast enough. He wants the Legislature, during its two-week special session,

Source: news.google.com

Waiting for Dodd - Wall Street Journal

Waiting for Dodd
Wall Street Journal - Jan 6, 2009
We've got some leftover business from the 110th Congress — namely, Chris Dodd's July 2008 promise to release the details of his sweetheart loans from

Source: news.google.com

RGE Monitor - 2009 US Economic Outlook - RGE Monitor

RGE Monitor - 2009 US Economic Outlook
RGE Monitor, NY - 11 hours ago
With regard to leveraged loans, the latest research by Boston Consulting/IESE Business School based on the 100 largest PE firms engaged in LBOs calculates

Source: news.google.com

Fast Auto Loans – No Need to Wait for Days to Get on to the Road - Best Syndication


Best Syndication
Fast Auto Loans – No Need to Wait for Days to Get on to the Road
Best Syndication, CA - Jan 6, 2009
To achieve this end of the users, the online money lenders have a special scheme called fast auto loans. The scheme allows you to get your vehicle financed

Source: news.google.com

Financier for Small to Medium Wisconsin Businesses Arrives in … - PR Newswire (press release)

Financier for Small to Medium Wisconsin Businesses Arrives in
PR Newswire (press release), NY - 11 hours ago
"We know the challenges business owners face, we have business-friendly criteria, and we offer flexible funding that traditional small business loans cannot

Source: news.google.com

Demand grows for tax refund loans - Atlanta Journal Constitution

Demand grows for tax refund loans
Atlanta Journal Constitution,  USA - 21 hours ago
The offices have become a source of high-cost, fast money by offering loans backed by taxpayers’ anticipated refunds. Tax refund loans are generally scorned
Payday Loans: Much Cheaper Than Tax Refund Loans Personal Money Store Blog
all 14 news articles

Source: news.google.com

For Car Companies, It Was a Year to Forget - BusinessWeek

For Car Companies, It Was a Year to Forget
BusinessWeek - Jan 5, 2009
GMAC, GM's credit arm, which usually provides loans to about half of the company's customers, was doing just 3% of GM's lending business in October and

Source: news.google.com

Finance City blogging resource

December 17th, 2008

Buying and financing a home today can be overwhelming. Here are some
questions to ask your lender so that you can make informed decisions.

Are both fixed-rate and adjustable mortgage loans available? What is the interest rate?

How long can I “lock-in” the financing at the current interest rate?

Is a float down lock available in case rates drop after I have locked in?

What are the other fees a lender may charge me in conjunction with my loan?

Are funds for a second mortgage available?

On adjustable loans:

How often will the interest rate be adjusted?
Is there a maximum limit on each rate change?
How often will the monthly payment be adjusted?
Is there a ceiling on payment adjustments?
Can the term of the loan be extended?
What is the maximum rate that can be charged over the life of the loan?
Is there any potential for negative amortization?
Is there a pre-payment penalty clause?

This involves extra charges for paying off the loan before maturity. About 80% of all loans in Australia are paid off early.

What is the “grace” period? How late can a monthly payment be made before a late charge is assessed?
What will happen if a payment is missed?
If you sell your house, will the new buyer (if he/she qualifies) be able to assume your mortgage at the same interest rate?
Do you have to pay “points” to get your new mortgage? Usually lenders charge points for the cost of giving you a mortgage loan. A “point” is 1% of the loan.
Will the lender require mortgage insurance?
Is the loan serviced locally or is the servicing sold?
Ask for a written “good faith deposit”.