Lending
Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow _ even for those with good credit.Mortgage insurers, whose backing is required for borrowers who can’t afford the traditional 20..
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The Federal Reserve says a larger share of banks made it more difficult for people to obtain home mortgages over the last three months.
made popular May 4 2009
Bank lending to consumers and businesses for many types of loans fell in February despite the billions of dollars in government support the banks received.
made popular Apr 15 2009
The government says that lending to businesses from the top banks getting bailout funds fell in January despite the billions of dollars the banks received in government...
made popular Mar 16 2009
The government says the 20 largest banks that received government rescue funds slightly reduced their lending to consumers and businesses in the last three months of...
made popular Feb 17 2009
Citigroup, under pressure to increase its lending, says it will spend $36.5 billion to issue mortgages, make credit card loans and buy mortgage-backed securities in the...
made popular Feb 2 2009
The Federal Reserve says banks have made it harder for borrowers to obtain all kinds of loans over the last three months.
made popular Feb 2 2009
Euro-zone finance ministers urged banks on Monday to do their job and keep lending, warning that tight credit conditions could hold back government efforts to stoke...
made popular Jan 19 2009
Britons took out fewer mortgages and reined in spending in October as the economic downturn intensified, the Bank of England said Monday.
made popular Dec 1 2008
Lending rates on dollar loans between banks increased again Thursday, reversing a one-day improvement and suggesting that banks are again becoming concerned with...
made popular Nov 27 2008
Lending rates on three-month dollar loans between banks fell for the first time in four trading days Wednesday after the U.S. Federal Reserve said it will commit $800...
made popular Nov 26 2008
Five state-run and publicly traded companies in Abu Dhabi are launching a new mortgage provider as the credit crunch threatens to stifle the United Arab Emirates’...
made popular Nov 26 2008
Lending rates on three-month dollar loans between banks rose for the third day running Tuesday amid ongoing concerns about the state of the U.S. banking system after...
made popular Nov 25 2008
Mortgage lending in Britain has more than halved over the past year, according to the British Banker’s Association _ further evidence that the economic downturn...
made popular Nov 25 2008
Mortgage lending in Britain was down 44 percent in October compared to a year ago, further evidence the economic downturn is hurting an already weak property market,...
made popular Nov 20 2008
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made popular Nov 13 2008
Lending interest rates between banks in Europe fell Friday but not as steeply as the benchmark rates that were cut the day before by the European Central Bank and the...
made popular Nov 7 2008
Lending rates between banks in the U.S. fell further Thursday and to their lowest level in nearly four years as lower interest rates and government efforts to shore up...
made popular Nov 6 2008
Lending rates between banks in the U.S. fell further Wednesday and to their lowest level in nearly four years as lower interest rates and government efforts to shore up...
made popular Nov 5 2008
Lending rates between banks in Europe continued to drop Tuesday ahead of expected interest rate cuts this week from both the European Central Bank and the Bank of...
made popular Nov 4 2008
Banks tightened up further on all sorts of lending from home mortgages to credit cards and business loans as the worst financial crisis in seven decades took a bigger...
made popular Nov 3 2008
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New York:
A Nov. 17, 2008 file photo, of the Citigroup headquarters in Manhattan. Citigroup, under pressure to increase its lending, said Tuesday, Feb. 3, 2009, it will spend $36.5 billion to issue mortgages, make credit card loans and buy distressed assets in the.
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