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New CEO Outlines CIT's Challenges - Wall Street Journal

WHTC

New CEO Outlines CIT's Challenges Wall Street Journal Though it has exited bankruptcy, CIT still faces the challenge of paying down a costly loan while figuring out how to fund itself more cheaply. ... CIT Net Worth 16% Above Stock as Thain Plots RecoveryBusinessWeek CIT Reports 2009 Financial ResultsMarketWatch (press release) CIT Posts Loss on Higher Costs - Analyst BlogBenzinga all 164 news articles »

JPMorgan Accused by Ex-Mets Player Dykstra of Predatory Lending - BusinessWeek

Sportsnet.ca

JPMorgan Accused by Ex-Mets Player Dykstra of Predatory Lending BusinessWeek ... debt on commercial property that Dykstra owned, according to the complaint. The First Credit loan carried a balloon payment in 12 months, Dykstra said. ... Broke ex-Met Dykstra claims he was victim of 'predatory lending'New York Post Ex-baseball star Lenny Dykstra sues JP MorganThe Australian all 45 news articles »

Fitch Downgrades 15 Classes of MSCI 2004-HQ4; Assigns Outlooks, RRs & LS Ratings - MarketWatch (press release)

Ukrainian News Agency

Fitch Downgrades 15 Classes of MSCI 2004-HQ4; Assigns Outlooks, RRs & LS Ratings MarketWatch (press release) The loan transferred 11/17/09 and the special servicer is currently pursuing foreclosure. The second largest specially serviced asset (1.57%) is an REO ... Fitch Downgrades 13 Classes of BACM 2004-4; Revises Outlooks & Assigns LS RatingsEarthtimes (press release) PRESS RELEASE: Fitch:Various Rating Actions Cornerstone Titan 2005-2NASDAQ Fitch Takes Rating Actions on 3 of VTB's foreign subsidiariesCbonds. Info Emii.com all 416 news articles »

Sallie Mae sells bonds in first offering since June 2008 - Washington Post

Sallie Mae sells bonds in first offering since June 2008 Washington Post Commercial lenders could continue to issue loans without government backing, and they could end up helping to administer government lending. ... and more »

New Law Doesn't Help Business Credit Cards - Fox Small Business Center

Fox Small Business Center

New Law Doesn't Help Business Credit Cards Fox Small Business Center Capital One spokeswoman Pam Girardo says that the bank recently began reporting small-business loan information to business and consumer credit bureaus. ... and more »

Kennedy-Wilson Holdings, Inc. Reports Fourth Quarter and Full Year 2009 Earnings - MarketWatch (press release)

Kennedy-Wilson Holdings, Inc. Reports Fourth Quarter and Full Year 2009 Earnings MarketWatch (press release) ... to purchase sub-performing and non-performing commercial real estate loans and originate commercial whole loans and bridge/permanent multifamily loans; ... and more »

Manhattan Bridge Capital, Inc. Reports Fiscal Year 2009 - CNNMoney.com (press release)

Manhattan Bridge Capital, Inc. Reports Fiscal Year 2009 CNNMoney.com (press release) This increase in income from operations resulted mainly from increase in revenue from short term secured commercial loans of $281000 and amortization of ... Patrick Industries, Inc. Reports Fourth Quarter and Twelve Months 2009 ...PR Newswire (press release) all 20 news articles »

Prominent Investment Sales Team Joins HFF New Jersey - MarketWatch (press release)

Prominent Investment Sales Team Joins HFF New Jersey MarketWatch (press release) ... including debt placement, investment sales, advisory services, structured finance, private equity, loan sales and commercial loan servicing. www.hfflp.com. and more »

Lehman's collapse was all its own fault - Los Angeles Times

Los Angeles Times

Lehman's collapse was all its own fault Los Angeles Times ... that would be hard to unload in a downturn, such as low-quality mortgages, commercial real estate investments and loans to overleveraged companies. ... and more »

Conn's, Inc. Announces Completion of Credit Facility Amendments - MarketWatch (press release)

Conn's, Inc. Announces Completion of Credit Facility Amendments MarketWatch (press release) In addition to the covenant changes, the cost of borrowings under the asset based loan and securitization revolving credit facilities was increased, ... and more »

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