Sallie Mae Says Loan Originations Fell, Loss Provisions Rose - Bloomberg

Oct. 23 (Bloomberg) -- SLM Corp. , the student lender known as Sallie Mae, made fewer new loans last quarter and set aside more reserves for possible losses as the seizure in credit markets deepened. Loan originations dropped to $7.7 billion, from $8 ...

Cash America Reports Third Quarter Results and Declares Dividend - MSN MoneyCentral

Cash America International, Inc. CSH announced today that net income for the third quarter of 2008 was $18,925,000 (63 cents per share) after incurring a variety of one time and unusual items during the quarter which lowered reported net income. The ...

Wachovia loss paves way for takeover - Gainesville Sun

Wachovia Corp.'s staggering loss for the third quarter resulted primarily because it wrote down the value of intangible assets by almost $19 billion and built up its loan loss reserves by $4.8 billion, moves that seemed to please its suitor. "It was ...

Treasuries Fall on Sale Plans, Stock Futures Rise (Correct) - Bloomberg

Oct. 23 (Bloomberg) -- Treasuries fell, pushing two-year yields up from near the highest level since March, on speculation the government will announce two record auctions for next week to help fund its $700 billion bailout of banks. Notes also ...

Washington Banking Reports Third Quarter Earnings of $1.9 Million - Marketwatch

OAK HARBOR, Wash., Oct 23, 2008 (GlobeNewswire via COMTEX) -- Washington Banking Company (Nasdaq:WBCO), the holding company for Whidbey Island Bank, today reported continued strong capital ratios and a well-diversified loan portfolio, contributed to ...

Automakers' key investors defect - Nashville Tennessean

SOUTHFIELD, Mich. — The retreat of billionaire Kirk Kerkorian and Cerberus Capital Management LP from stakes in Ford Motor Co. and Chrysler LLC may leave the U.S. auto industry without new funding just as sales head to a 26-year low. Kerkorian's ...

Regions Financial Must Think We're All Stoned: Jonathan Weil - Bloomberg

Oct. 23 (Bloomberg) -- You have to wonder who the people running Regions Financial Corp. think they're kidding. So far this year, the Birmingham, Alabama-based regional bank says it has earned $622.5 million, including $79.5 million of net income ...

American Momentum turns to Texas for new earnings - Tampa Bay Business Journal

TAMPA — The chairman of American Momentum Bank is returning to his Texas roots to help boost earnings. American Momentum, sitting on a pile of cash that it wants to loan out and turn into earning assets, has opened a loan production office in ...

GE Corporate Lending Provides $175 Million Plan of Reorganization ... - Earthtimes

NORWALK, Conn. - (Business Wire) GE Commercial Finance Corporate Lending today announced it provided a $175 million plan of reorganization credit facility to Goody ’ s Family Clothing Inc., a moderately priced family apparel retailer. The loan was ...

Netherlands injects $13 billion into bank and insurance company ING ... - Los Angeles Times

AMSTERDAM, Netherlands (AP) _ The Dutch government said Sunday it will inject 10 billion euros ($13.4 billion) into ING Groep NV to shore up the bank and insurance company amid market rumors it was running out of capital. Finance Minister Wouter Bos ...

---

Pages:   1   2   3   4   5   6   ...   Next

These articles are related to: Asset Based Lending