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Lending

Bankrupt Sovereigns: Is There an Orderly Way Out?

Otaviano Canuto | Posted 06.10.2013 | World
Otaviano Canuto

An orderly sovereign debt restructuring would be one that places the debtor nation's public debt on a sustainable trajectory, while minimizing procrastination and contagion. However, orderly debt restructurings may remain elusive, even with high-powered official intervention.

The Answer to Unemployment Is More Europe Not Less

Vivian Norris | Posted 05.29.2013 | Business
Vivian Norris

Beyond more focused EU spending is also the responsibility of business to help bring down youth unemployment by showing what they have to offer Europe in order to make the transition from school to work flow more smoothly.

Businesses Seeking Working Capital: Survey

Mary Ellen Biery | Posted 04.23.2013 | Small Business
Mary Ellen Biery

Many businesses applying for loans are looking to finance receivables and other working capital, according to a new survey of bankers by Sageworks, a financial information company.

Shahien Nasiripour

JPMorgan Chase, Wells Fargo Report Record Profits As Lending Remains Constrained

HuffingtonPost.com | Shahien Nasiripour | Posted 04.12.2013 | Business

BOSTON -- JPMorgan Chase and Wells Fargo, two of the biggest US banks by assets, kicked off Wall Street’s earnings season on Friday by reporting rec...

Three Tips for Getting a Business Loan: What You Need to Know

Mary Ellen Biery | Posted 05.18.2013 | Small Business
Mary Ellen Biery

Applying for a business loan can be intimidating and stressful, and it can be confusing to have an application rejected with little explanation. Three of these steps are described below, and should be completed prior to approaching a financial institution about a loan.

The Health of Private Companies As We Head Into Sequestration

Mary Ellen Biery | Posted 05.05.2013 | Small Business
Mary Ellen Biery

The average private company's likelihood of default is lower and debt-to-EBITDA, a measure of financial liquidity, is also below the period a year earlier, according to early estimates based on financial statements from 2012 and 2011.

Grim Reapers: How Republicans Are Killing Small Business in America

Sanjay Sanghoee | Posted 05.01.2013 | Small Business
Sanjay Sanghoee

The Republican stance on the sequester and beyond is an abomination and needs to be repudiated. Otherwise we can kiss America's cherished small businesses goodbye, and with it, our economic future.

How Jamie Dimon Shows Us Exactly What Is Wrong With Our Banks

Sanjay Sanghoee | Posted 03.30.2013 | Business
Sanjay Sanghoee

Banks today have become self-serving profit machines whose primary goals are misaligned with our nation's larger interests, and are a far cry from the friendly neighborhood institutions that once made the American dream possible.

Is a Housing Industry Recovery Just Around the Bend?

Doug Lebda | Posted 03.23.2013 | Business
Doug Lebda

he QM rules, which will go into effect January 2014, represent a reasonable and responsible move by the CFPB to reduce risky lending. The rules are intended to further stabilize the lending environment and foster a more expedient housing recovery. Let me break out some of the CFPB's key requirements for a General Qualified Mortgage

Mopping Up Sandy and Looking Ahead to 2013

Ron Gitter | Posted 01.30.2013 | New York
Ron Gitter

The New York residential real estate market was on a tear throughout 2012, with an incredible crescendo during the summer. Then the storm hit, and overnight, the market quieted. So where did this force of nature leave the New York market?

Catherine New

Post-Sandy Borrowers Face Uncertain Credit Help Due To Bank's Murky Policies

HuffingtonPost.com | Catherine New | Posted 11.14.2012 | Home

Karen Sposato is one of the lucky homeowners in Breezy Point, N.Y., a community ravaged by Hurricane Sandy and the devastating fires that followed -- ...

Lending To Small Biz Rises For Second Straight Month

Reuters | Posted 12.01.2012 | Small Business

(Reuters) - Lending to small U.S. businesses rose in August for a second straight month, a report showed on Monday, a sign the economy may have been r...

Amazon To Offer Loans

Reuters | Alistair Barr | Posted 09.29.2012 | Small Business

(Reuters) - Amazon.com Inc is launching a new business offering loans to some of its online sellers, a move that could boost the growth of its Interne...

Kiss Your Clients: The Inestimable Value of an All Cash Deal

Ron Gitter | Posted 10.01.2012 | New York
Ron Gitter

esidential lending has become so cumbersome and unpredictable that a transaction without a financing component geometrically increases the likelihood that the parties will wind up at the closing table.

Catherine New

Poor Turn To Payday Loans To Pay Bills

HuffingtonPost.com | Catherine New | Posted 07.18.2012 | Business

The poorest Americans are stringing together multiple high-interest loans each year just to keep the lights on and food on the table, according to a n...

The Looming Crisis

Reuters | Posted 09.04.2012 | Home

By Michelle Conlin and Melanie Hicken July 5 (Reuters) - One night last spring, David Hall returned home to his studio...

Zach Carter

WATCH: Jobs Crisis Misconceptions: Are Regulations Holding Back Growth?

HuffingtonPost.com | Zach Carter | Posted 06.15.2012 | Politics

WASHINGTON -- Repeated Republican efforts to blame government regulations and the alleged growth of government under President Barack Obama for the we...

Credit Scores Are Confusing Enough. Now This

The Huffington Post | Catherine New | Posted 05.11.2012 | Home

Trying to explain how a credit score is actually calculated is like explaining why the sky is blue to a 4-year-old. Impossible. And the credit in...

Catherine New

High Card Fees Didn't Even Help Banks, Report Finds

HuffingtonPost.com | Catherine New | Posted 05.10.2012 | Home

Outrageous credit card fees are not only bad for consumers; they're actually bad for business. That's the somewhat surprising conclusion of a new r...

Wells Fargo "Green Economy" Pledge Signals Shifting Tide

Mike Bellamente | Posted 07.02.2012 | Green
Mike Bellamente

To whatever degree Wells has invested in coal fired energy in the past, now there seems to be a conscious change of tact in how they go about it with their latest environmental commitments.

Consumer Watchdog Eyes Discrimination By Lenders

AP | DANIEL WAGNER | Posted 04.18.2012 | Black Voices

WASHINGTON -- The Obama administration's consumer-finance watchdog says it is cracking down on lenders that discriminate against minorities and women....

Cloning Successful Startups

Fred Wilson | Posted 06.05.2012 | Small Business
Fred Wilson

It's a free market out there. People can do what they want. That's even more true globally. If you are successful, you will be cloned. That's life. In fact, it's a sign that you've made it when clones of your website, mobile app, and business start cropping up.

David vs. Goliath

Sen. Mark Udall | Posted 05.22.2012 | Denver
Sen. Mark Udall

Colorado small businesses are starving for credit, yet an unnecessary federal regulation is standing in the way, limiting the options available for small-business loans. My bipartisan bill would increase access to capital for small businesses.

There's No Need To Panic...

Reuters | Posted 05.14.2012 | Home

By Lauren Young NEW YORK, March 14 (Reuters) - Bank customers shouldn't stress out over the latest U.S. bank stress test results. ...

Banks Choose Lending To Uncle Sam Instead Of You

The Huffington Post | Mark Gongloff | Posted 03.12.2012 | Business

If banks are doing so great, then why are they lending money to Uncle Sam instead of to you? U.S. banks bought more Treasury debt and bonds issued ...