Latest Low Income Loan news:

New loan needed for San Rafael low-income housing project
A $1 million loan on a 28-unit, low-income housing project in San Rafael's Canal neighborhood comes due on Nov.
Read more News Source - Marin Independent Journal
Publish date - 06:21:32 07/18/08

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How to Make a Low Down Payment Loan Work for You
(ARA) - As summer home buying season begins, financing options remain available for borrowers who do not have the traditional 20 percent down payment.
Read more News Source - Richfield Reaper
Publish date - 22:10:07 07/19/08

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SBA reworks low-income loan program
The U.S. Small Business Administration plans to restructure its Community Express program, which provides higher government guarantees and expedited processing on loans made to small businesses in low-income areas.
Read more News Source - BizJournals
Publish date - 17:18:26 07/17/08

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State housing agency salutes year's top lenders for first time homebuyer programs
AUSTIN - Acknowledging that its goal of increasing homeownership rates among low to moderate income Texans depends on strong partnerships with local lenders, the Texas Department of Housing and Community Affairs (TDHCA) today announced its "Lenders of the Year" and "Loan Officer of the Year" for their involvement in and support of TDHCA's Texas First Time Homebuyer Program.
Read more News Source - KRGV-TV Texas
Publish date - 17:08:29 07/18/08

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Struggling back to the good life
Md. has a relatively low jobless rate, but that doesn't mean much to those who've lost ground E rin Triplett's life shifted in a flash. Within months, the mortgage loan officer earning six figures in commissions was out of work, scrambling to launch a small business from an Anne Arundel County townhouse shared with roommates.
Read more News Source - Baltimore Sun
Publish date - 07:51:48 07/20/08

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Nonprofit housing deal gets approval
National City has agreed to work with a nonprofit San Ysidro social services agency on a $3 million plan to buy, rehabilitate and manage two small housing complexes for low-income residents.
Read more News Source - San Diego Union-Tribune
Publish date - 13:11:12 07/19/08

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ESCONDIDO: City sweetens low-income home-buying deal
ESCONDIDO ---- The city's first experiment with helping low-income residents become homeowners has been a disappointment so far, but city officials recently adopted a more generous policy that might turn things around. Thirteen months after the Broth
Read more News Source - North County Times
Publish date - 07:54:14 07/15/08

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Capital One profit drops 40 percent on rising loan-loss provision
Capital One Financial Corp. said Thursday its second-quarter earnings fell 40 percent due to a sharp increase in its loan-loss provision amid further deterioration in the credit markets.
Read more News Source - Long Island Business News
Publish date - 12:32:29 07/18/08

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Burdened with home loan? Here's help
The interest rate being charged on a loan is reasonable given the market situation, says personal finance expert Harsh roongta. However, if one has surplus money, one should consider prepayment.
Read more News Source - rediff.com
Publish date - 05:33:14 07/18/08

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First Reliance Announces 2nd Quarter Net Income of $683,421
First Reliance Bancshares, Inc., , the holding company for First Reliance Bank, today announced 2nd quarter 2008 unaudited net income of $683,421.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 12:02:31 07/18/08

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In default
The phone will stop ringing soon in an east Lawrence home. For the past few months, it has rung four, maybe five times a day. It’s collectors who are calling, always with the same question: When will the homeowner catch up on missed mortgage payments? Her answer is always the same. She doesn’t have thousands of dollars to make good on the loan. But in recent weeks, something has changed.
Read more News Source - Lawrence Journal-World
Publish date - 05:12:05 07/20/08

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Frustrated homeowners discuss loan changes with bank
Washington Mutual reps discuss modifying loans, mortgages
Read more News Source - Contra Costa Times
Publish date - 04:10:09 07/19/08

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Swedbank Profit Unexpectedly Gains on Lending Income (Update2)
July 17 (Bloomberg) -- Swedbank AB , the largest bank in the Baltic countries, unexpectedly said second-quarter profit rose 16 percent after lending income increased in its home market of Sweden and in Estonia, Latvia and Lithuania.
Read more News Source - Bloomberg.com
Publish date - 07:58:08 07/17/08

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How to Get a Mortgage in Today's Market
(ARA) - Whether you're buying your first home or looking for a larger home, now may be the time to act. Not only do interest rates remain relatively low, in many markets you can get much more house for your money than you could just a few years ago.
Read more News Source - Carteret County News-Times
Publish date - 06:33:08 07/20/08

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Habitat for Humanity accepting applications
MASON CITY — Habitat for Humanity North Central Iowa is accepting applications from low income families in the six-county area who would like to become homeowners. Construction for these homes will begin in 2009.
Read more News Source - The Globe Gazette
Publish date - 05:40:45 07/18/08

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