Bad credit loan banks
OREM, Utah—-Turmoil in Congress and on Wall Street has had minimal impact on Family First Federal Credit Union and its ability and willingness to make loans to its members.
Australian Home-Loan Approvals Drop for Seventh Month (Update1) (Bloomberg)
Oct. 8 (Bloomberg) — Australian home-loan approvals declined for a seventh month, supporting the central bank’s decision yesterday to cut the benchmark lending rate by one percentage point, the most since a recession in 1992.
United Community raises bad loan allowance (Knoxville News Sentinel)
The Bank Draft blogger Josh Flory reports that United Community Bank, which has six branches in Knoxville, has increased its loan loss allowance because of continued credit deterioration in the residential construction portfolio.
McCain would buy bad homeowner mortgages (AP via Yahoo! News)
Republican presidential candidate John McCain announced Tuesday he would order the federal government to spend $300 billion in federal funds to buy up bad home mortgages and allow financially troubled homeowners to keep their houses.
Is this really bad? (Stuff)
Answers to some common questions about the global credit crisis. Are things really bad now?
McCain would buy bad homeowner mortgages (San Francisco Chronicle)
Republican presidential candidate John McCain announced Tuesday he would order the federal government to spend $300 billion in federal funds to buy up bad home mortgages and allow financially troubled homeowners to keep their houses. McCain’s proposal, which…
