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Mobile Home Equity Loan News

Stable loan delinquencies suggest consumer stress easing

Americans might be getting a better handle on their finances. Delinquencies on consumer loans fell in seven of 11 categories during the third quarter, reported the American Bankers Association. That’s the most recent period for which data are available. Delinquencies were virtually flat in two other categories – credit cards and home equity lines of credit.   Mobile-home loan delinquencies were ...

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Is a reverse mortgage the right choice?

Thursday, February 2 nd , 2012 Issue 05, Volume 16. A reverse mortgage is a loan for senior homeowners over 62 years old that uses some of their home equity as collateral.

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Globe, China Bank sign $90-m loan deal

Globe Telecom Inc. signed Monday a 10-year, $90-million floating rate term loan agreement with China Banking Corp. as lender, the first credit facility to be availed by Ayala Corp.’s telecommunications unit this year.

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SL Capital Arranges $100 Million Financing on Non-Performing Note Portfolio

MIAMI, FL-- - SL Capital LLC , a full-service commercial mortgage banking firm, is pleased to announce the close of a $100 million financing transaction.The transaction is a diverse non-performing note ...

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Asia Stocks Rise as Toyota Boosts Profit Estimate; Yen Weakens

Asian stocks rallied the most in two weeks after Toyota Motor Corp. raised its profit forecast. European equity futures climbed and the euro touched an eight- week high as Greek leaders worked on a rescue plan with creditors.

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American Perspective Bank Announces Fourth Quarter and Full Year 2011 Financial Results

SAN LUIS OBISPO, Calif., Jan. 20, 2012 /PRNewswire/ -- American Perspective Bank (OTC Bulletin Board: APBA) (the "Bank") today announced fourth quarter and year to date consolidated financial ...

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American River Bankshares Reports Fourth Quarter 2011 Results and a 41% Reduction in Nonperforming Loans for the Year

SACRAMENTO, CA-- - American River Bankshares today reported that net income increased 1,235.1% to $1.0 million, or $0.10 per diluted share for the fourth quarter of 2011 compared to $77,000 or $0.01 per ...

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