Despite sizable hurdles that seemingly could thwartor at least delayplans for a proposed four-year medical school here, unflinching backers of the school remain convinced it could be up and producing graduates as soon as 2018."That's
Group says policy makers should abandon search for 'silver bullet'
February 24, 2011
The role of government in housing finance should be reduced dramatically from its current level, American Bankers Association President and CEO Frank Keating said in a letter sent to federal officials earlier this month.The letter focused on
Agency's new programs include efforts to attract larger number of lenders
February 24, 2011
Effective Feb. 15, lenders who participate in the U.S. Small Business Administration's Preferred Lender Program can approve loans through the agency's new Small Loan Advantage program, the federal agency says. At the same time, the agency will from
Survey finds disparities in how much borrowers could get based on race
February 24, 2011
ComplianceTech, an Arlington, Va.-based provider of technology and mortgage data analysis, has released results of a study that it says shows a significant decrease in home mortgages to blacks and Latinos in comparison to non-Hispanic whites since
Respondents say simpler, more understandable lending process needed
February 24, 2011
Four years after widespread subprime mortgage defaults touched off an international financial crisis, getting a mortgage today is so difficult that two out of three Americans believe access to affordable mortgages is a serious problem, says recent
One factor, little known by borrowers, can play a large role in whether banks are willing to renegotiate mortgages with homeowners who are struggling to meet payments.Unfortunately, it is a factor that homeowners have no control found that owned
RiverBank, which opened for business here in 2006 and notched its first profitable calendar year in 2009, slid back last year to a net loss of slightly over $1 million, according to data it has filed with the Federal Deposit Insurance Corp.That
Northwest Bancorporation Inc., the Spokane-based parent of Inland Northwest Bank, has reported net income of $267,000, or 10 cents a diluted share, for all of last year, compared with a net loss of $3.9 million, or $1.63 a share, for all of the the
Homebuyers of moderate means in rural Inland Northwest communities are discovering U.S. Department of Agriculture-backed mortgages as one of the last zero-down alternatives available today.Demand for loans guaranteed by the USDA's Office of has
Study says federal agency should get out of low-down, high-dollar lending market
February 24, 2011
The Federal Housing Administration has moved into uncharted, risky territory over the last few years as its market share and focus on higher balance mortgages has risen sharply, says a new study released by the George Washington University School