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IMPORTANT: Bing News RSS feed has moved!Fitch Ratings has revised the Rating Outlook to Negative for 937 'AAA' rated tranches of U.S. FFELP student loan ABS following the Outlook revision on the U.S. sovereign rating earlier this week. The affected ABS tranches previously had a Rating ... Read moreFitch Revises Outlooks to Negative for Various U.S. FFELP Student Loan TrustsHIGH-RISK homebuyers and lenders are facing the prospect of negative equity in their homes after recent property price falls around the country. The slump in home values has raised concerns that some existing loans are now higher than the property's value. Read moreNegative equity a growing problemIf it's a slow Friday afternoon in the office today, and you enjoy optical illusions. I'd like to say that there are no illusions in Washington D.C., but I can't. Remember that just because a bureau doesn't have a director doesn't mean that it can't set ... Read moreVA Home Loan Primer; Cordray Nomination Temporarily Derailed; FHA Negative Equity Program ClarificationsNEW YORK--(BUSINESS WIRE)-- Fitch Ratings has affirmed the 'AAA' long-term IDRs and Support Floors of the Federal Home Loan Banks (FHLBs) of Atlanta, Boston, San Francisco, and Seattle. The Rating Outlook has been revised to Negative. This ... Read moreFitch Revises the Rating Outlook on the Federal Home Loan Banks to NegativeThe Negative Outlooks are in line with that on the Spanish ... Despite an improvement, helped by loan reduction and good deposit growth, Santander Totta's net loans/deposits ratio as per Bank of Portugal remains above the average for the largest ... Read moreTEXT-Fitch cuts Santander Totta to 'A'; outlook negative“Higher funding costs are clearly a further negative for the property sector.” Hong Kong banks (11) are tightening credit to the real estate industry as loan demand from Chinese companies rises and as the city’s banking regulator ordered ... Read moreHong Kong Builders to Accelerate Sales, Sell New Shares as Loan Costs RiseFitch Ratings affirms the ratings on the class II-A, II-B and II-C notes and downgrades the II-D note issued by KeyCorp Student Loan Trust 2004-A (Group II). The Rating Outlook remains Negative on the class II-A, II-B, and II-C notes. Read moreFitch Takes Various Rating Actions on KeyCorp Student Loan Trust 2004-A (Group II)First liens without home equity loans account for $329 billion aggregate negative equity out of the national total of $699 billion. The 4.4 million borrowers with a mortgage and a home equity loan have an average mortgage balance of $309,000 and are ... Read moreCoreLogic: 27% of Homes in Negative or Near Negative Equity Position“Corporate loans are risky because they tend to be lumpy and one large delinquency in a scenario like this can have a negative impact. In retail, there is no such risk unless there is a systemic issue,” he said. India’s economy grew at 6.9% in the ... Read moreFor additional information, please see:
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