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Pimco Says Foreclosure Deal Cheap for Banks, Costly for Pension Investors - Bloomberg

New Resource Bank Reports Fourth-Quarter and Year-End Financial Results - MarketWatch (press release)

Quick Cash Loans Come with High Interest Rates - WJFW-TV

Banks get strict on interest-only loans - Financial Times

Student loan debt: The next financial disaster? - CBS News

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Pimco Says Foreclosure Deal Cheap for Banks, Costly for Pension Investors - Bloomberg


Bloomberg

Pimco Says Foreclosure Deal Cheap for Banks, Costly for Pension Investors
Bloomberg
Asset managers are frustrated with the deal because, in addition to the debt the banks own, it gives credit to the lenders for changes to loans they hold no interest in and oversee for investors. That “treats people's 401(k)s and pensions,” which hold ...

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New Resource Bank Reports Fourth-Quarter and Year-End Financial Results - MarketWatch (press release)


New Resource Bank Reports Fourth-Quarter and Year-End Financial Results
MarketWatch (press release)
"We are very pleased to report another quarter of profitability, driven by loan growth and improved margins, plus reduced non-interest expenses," said President and CEO Vince Siciliano. "We believe our continued loan growth demonstrates that our ...

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Quick Cash Loans Come with High Interest Rates - WJFW-TV


WJFW-TV

Quick Cash Loans Come with High Interest Rates
WJFW-TV
According to Sowinski, loan reps at banks and credit unions are willing to negotiate with you if you fall behind on payments, but cash advances will charge very high interest rates and there's no law on how much a lender can charge.

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Banks get strict on interest-only loans - Financial Times


Banks get strict on interest-only loans
Financial Times
By Tanya Powley Mortgage lenders are making it harder for homeowners to take out an interest-only mortgage, with one major high street bank now insisting that borrowers need a deposit of at least 50 per cent to get a loan. Santander, one of the UK's ...

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Student loan debt: The next financial disaster? - CBS News


Bacon's Rebellion

Student loan debt: The next financial disaster?
CBS News
Now the rest of us are supposed to get stuck paying for their excesses and stupidity by allowing their government tuition loans not to be paid or greatly reduced? It doesn't work that way. Grow up, wipe you nose and deal with reality.
Are Student Loans the Next Debt Bomb?U.S. News & World Report
Student Debt: The Next Financial Crisis?Forbes
Student loans the 'next debt bomb' for US, attorneys warnInvestmentNews
Bacon's Rebellion
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