MGIC has increased maximum debt-to-income ratios to 45 percent on borrowers with acceptable credit scores. The mortgage insurer also said it decreased its required minimum credit scores in some markets. In addition, MGIC eased up on its rules for construction transactions. View full post on All Stories
Posts Tagged ‘credit’
MGIC Relaxes Guidelines
November 30th, 2010 
admin 
Posted in Buy a Car 
Tags: acceptable credit, borrowers, credit, credit scores, debt to income ratios, Guidelines, maximum, MGIC, mortgage insurer, Relaxes 
No Comments »Credit cards ditched during cash crunch
November 29th, 2010 admin More than eight million Americans stopped using credit cards over the past year. ||| New York – More than eight million Americans stopped using credit cards over the past year. The decline stems from a combination of consumer choices and bank actions. An analysis by credit reporting agency TransUnion found that use of general purpose [...]
The Opportunity in Small Business Lending
November 28th, 2010 admin With the right products, know-how, and partnerships, credit unions can tap into the growing small business sector….[ Read Article ] View full post on All Stories
Posted in Buy a Car Tags: business, business sector, credit, credit unions, know-how, lending, Opportunity, partnerships, Read Article, Small, small-business No Comments »Loan scam not to affect credit to real estate sector: Bankers
November 26th, 2010 admin Banks would not stop lending to real estate and housing segments because of scam unearthed by the Central Bureau of Investigation, said SBI chairman OP Bhatt on Friday. View full post on All Stories
Myers Industries Completes New Credit Facility
November 22nd, 2010 admin AKRON, Ohio–(BUSINESS WIRE)–Myers Industries, Inc. (NYSE: MYE) today announced that on Friday, November 19, 2010, the Company closed on a new five-year, $180 million Senior Secured Revolving Credit Facility with seven lending banks. The facility was jointly arranged by J. P. Morgan Securities LLC and Key Banc Capital Markets Inc., with JPMorgan Chase Bank, National [...]
New bank credit report shows lending to small firms is improving
November 18th, 2010 admin Lending to small firms by the country’s two main banks is improving, according to the second quarterly report from the Credit Review Office (CRO) published today by the Government. View full post on All Stories
Despite Objections, G-20 Is Expected To Endorse New Rules on Bank Capital
November 9th, 2010 admin Efforts to increase capital requirements are being fought by bankers, who say the rules will raise the cost of credit and devastate lending. View full post on All Stories
Posted in Buy a Car Tags: bank, Capital, capital requirements, cost, credit, Despite, Endorse, expected, Objections, Rules No Comments »Trade credit insurance for small businesses launched
November 1st, 2010 admin Towergate is offering trade credit cover aimed at small businesses and is letting them self-police customers over late payment View full post on All Stories
Posted in Buy a Car Tags: businesses, credit, Insurance, Launched, Small, small businesses, Towergate, trade, trade credit No Comments »Unsecured Loans: Asset-Free Opportunity For Those In Need
October 31st, 2010 admin by: Simon TauffelThe people who face cash issues in their lives know the actual ups and downs that happen in life. Such a situation occurs in everyone’s life. Also, everybody may not have an asset to act as a shield for bad times. So for such borrowers, there is an opportunity for borrowing money through [...]
Posted in Uncategorized Tags: AssetFree, bad credit loan, bad credit loans, credit, credit borrowers, educational funding, loan, Loans, money, Need, Opportunity, Simon TauffelThe, Those, Unsecured, ups and downs, wedding expenses No Comments »Are banks’ ‘exclusive’ deals any good?
October 30th, 2010 admin Most banks offer exclusive credit card, mortgage and savings deals to current account customers – but is this growing trend really that special? View full post on All Stories
Posted in Buy a Car Tags: 'exclusive', account customers, banks, card, credit, credit card, current account, Deals, Good, mortgage, savings deals No Comments »