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Indiabulls Fin to focus more on secured loans (Reuters via Yahoo! Philippines News)
MUMBAI, July 25 (Reuters) - Indiabulls Financial Services Ltd plans to focus more on mortgage loans despite the lower yields to insulate itself from default risks emanating from higher interest rate environment, a senior official said.

Fed Discount Loans to Commercial Banks Rise to Record (Update2) (Bloomberg.com)
July 24 (Bloomberg) -- The Federal Reserve said lending to commercial banks rose to an average daily record while loans to securities firms showed a zero balance for a fourth week.

Criminals were allowed to sell home loans in Florida, state official admits (The News-Press)
MIAMI - The head of a state agency that allowed thousands of criminals to sell home loans in Florida has acknowledged that his office did not follow...

PDA working to pay back $10.5 million in start-up loans (Portsmouth Herald)
PORTSMOUTH and#8212; The Pease Development Authority staff is working to come up with a way to pay the state back the $10.5 million still owed on the loans made to the authority to get it going.

Two workshops to address foreclosure, home loans (Modesto Bee)
Homeowners concerned about their loans can get free advice at foreclosure prevention workshops today in Stockton and Saturday in Patterson.

 

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