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Reluctant lenders and hesitant borrowers have contributed to a 7.4 percent drop in the amount of loans at area banks in the last year, according to lenders’ most recent financial statements. It means $3.4 billion less credit in the hands of ...

Area banks hold more deposits but make fewer loans

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He also said he does not believe that the banks bear some responsibility for the bad loans - and should have to absorb ... against the mortgage and the value of any improvement on the property to their credit rating. And he said that, in a state where ...

Legislator wants to scrap laws that let 'under water' homeowners abandon homes

"What I mean by that is not that conservation is bad--conservation is very ... unlike Efficiency Maine, banks and credit unions do not require audits for home improvement loans. But Stoddard says the PACE loans are attractive because homeowners can ...

LePage Questions Value of Home Energy Audits

Europe is in such bad shape, the Guardian newspaper reported today, that financial ministers were told Italy was on the brink of insolvency. Late today, Otto Rehn, the European Union's economic and monetary affairs commissioner, told finance ministers they ...

Dow soars 490 as central banks extend help to Europe

“Sales in the Naperville market are up 20 percent over last year and during October, home values were even up 1.4 percent over October of last year. So, we are starting to see an improvement ... need cash or good credit in order to buy and ...

Industry Insider: Persin and Krettler

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