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sub prime lendersAlso, they have to obtain plain vanilla, 30-year, fixed rate loans for the portion of the purchase not covered by the federal loan. No sub-prime or other exotics will qualify. The federal loan doesn’t come due until the home buyer sells the house ... Read more
The Register-Guard - Register-GuardATLANTA -- Another fee is coming in the new year for airline and hotel customers - this time from your credit card company. The message: Pay your bill on time or forfeit the miles or points you thought you earned for making purchases on your card ... Read more
Credit card companies now seizing your flier points - The Sun NewsOn December 2, 2009, the House Financial Services Committee approved a bill to regulate systemic risk in financial markets which, aside from proposing a new systemic regulator, includes a little-noticed proposal that when any large bank fails in the ... Read more
The Repo Time Bomb Redux - The Business InsiderDec. 1 The New York Times, on gray wolves: Not everyone was happy when the gray wolf population in the Northern Rockies, near extinction in the mid-1970s, staged a remarkable comeback under the protections of the Endangered Species Act. By the end of ... Read more
Editorial Roundup: Excerpts From Recent Editorials - KTUUThe Bank has significantly curtailed its construction lending since September, 2007, shortly after the "sub-prime mortgage crisis" began ... These four lenders have more than 90 years of banking experience combined. The Bank also announced Friday ... Read more
Bank of Smithtown Loan Officer Resigns - Investors Business DailyArch_Druid on October 26 at 10:37 a.m. The Jonah Goldberg column of this morning concerning incivility. No, he says that's democracy in action. Point 1. When did guys like him start believing in democracy? Point 2. Why wasn't it also democratic when ... Read more
A Matter Of Opinion - The Spokesman-ReviewDec. 1 The New York Times, on gray wolves: Not everyone was happy when the gray wolf population in the Northern Rockies, near extinction in the mid-1970s, staged a remarkable comeback under the protections of the Endangered Species Act. By the end of ... Read more
Editorial Roundup: Excerpts From Recent Editorials in Newspapers in ... - Minneapolis Star TribuneSo, if you're out of a job and looking for a sub-prime loan to buy a double-wide trailer you're out of luck. Bankers won't give you a dime. But now, the world's lenders are doing something just as dumb. They're lending to governments. Read more
A Faith-Based Recovery - HoweStreet.com... big and fast-growing business with debts being packaged and sold, often for pennies on the dollar, in financial instruments with a disturbing resemblance to the way sub-prime mortgages ... collectors working on behalf of lenders return $40 ... Read more
Other voices - Topeka Capital-Journal(RTTNews) - Bank of Smithtown, a unit of Smithtown Bancorp (SMTB: News ) announced the resignation of one of its loan officers, Tom Stevens. Stevens' lending responsibilities focused primarily in the construction portfolio. The Bank has significantly ... Read more
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