A Consumer Bill Gives Exemption on Payday Loans Gainesville Sun It could enforce such rules against nonbank mortgage companies, mainly loan originators or servicers, but it would have to petition a body of regulators for ...
GMAC finance chief to depart Financial Times Christopher Whalen, managing director of Institutional Risk Analytics, a research firm, said loan rescissions were likely to burn through reserves. ...
Harrah's Entertainment reduces debt by $1 billion Casino City Times The new agreement also reduced the loan debt from $6.5 billion to $5.5 billion. The announcement is the latest maneuver by the company to reduce its debt ...
Bank of America to End Overdraft Fees on Debit Purchases Gainesville Sun The bank will continue to provide overdraft protection, for a fee, for checks and automatic payments, say to a biller that debits money from an account each ...
BofA Lawyers Rebuked in Cabi Case Wall Street Journal Bank of America, which wants to proceed with a foreclosure action, holds a $256 million construction loan on the Everglades, ...
IMF pushes for insurance on bank deposits Business Daily Africa The Deposit Protection Fund currently refunds a maximum of Sh100,000 when a bank goes bust. Photo/FILE By GEOFFREY IRUNGU (email the author) Bank depositors ...
'Swap Tango' A Derivative Regulation Dance: Part 2 Roubini.com (subscription) In a loan, the lender is exposed to the risk of the borrower failing to pay interest or repay the known face value of the loan. ...
Royal Bank eyes US expansion StarPhoenix Royal Bank has been reorganizing RBC Bank after taking a $1-billion (US$970- million) writedown on the business in April. Real-estate loan losses in RBC ...
Anti-Reform Ad Looks Like A Dirty Trick Bankaholic The ad claims that the Big Bank Bailout Bill amounts to a new $4 trillion bailout for banks. Of course the Wall Street Reform and Consumer Protection ...
A Consumer Bill Gives Exemption on Payday Loans New York Times It could enforce such rules against nonbank mortgage companies, mainly loan originators or servicers, but it would have to petition a body of regulators for ...