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Loans News

Levin supports $50 billion in direct loans for automakers (Detroit News)
WASHINGTON -- Michigan's senior senator said he is working to win passage of a roughly $50 billion package of government-issued loans to assist Detroit's Big Three automakers.
National And International Report / U.S. thrifts lose $5.4B in 2Q as more home loans go sour (Pioneer Press)
U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans.
Delinquencies Kept Rising On Loans Backing RMBS In 1st Half (Nasdaq)
Delinquencies and losses on pools of loans backing U.S. residential mortgage- backed securities issued in 2006 and 2007 continued to weaken through the first half of the year, according to Moody's Investors Service.
Mexico's Infonavit Mtge Loans Up 18.4% In Jan-Aug Period (Nasdaq)
MEXICO CITY -(Dow Jones)- Mexico's federal housing fund, Infonavit, said Wednesday it made 303,376 mortgage loans during the first eight months of the year, up 18.4% from the same period in 2007.
County OKs bank loans for BL sewage project (The East Liverpool Review)
LISBON - Columbiana County Commissioners approved the securing of two bank loans for the sewage treatment plant project nearly completed near Beaver Local Schools, with one loan to cover a funding shortfall and the other to cover tap fees for two entities.

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