Home Loan Servicing Solutions, Ltd. Schedules Conference Call 3rd Quarter 2014 Results

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Milwaukee Mayor Tom Barrett (left) and Ald. Robert Bauman are at odds over an interest-free home improvement loan program that Bauman sponsored and Barrett vetoed. The Common Council on Tuesday overrode Barrett’s veto.

Dear Opening Credits,

Which credit card companies do I qualify for after Chapter 7 bankruptcy?

- Carl

Dear Carl,

Some creditors may cautiously welcome you back in the borrowing pool not long after climbing out from the depths of debt with a legal discharge. However, youll have to start at the shallow end for a good long time.

Credit issuers — from banks and credit unions to credit card companies — typically offer a wide variety of credit products to consumers. Some are for people with excellent credit, others for those who have un-established or damaged credit. So, its not so much the specific company you ought to pursue, but which type of card.

Your...

The Defense Department is set to propose tighter rules that it says would
close several loopholes in current regulations that are designed to protect
service members from predatory lenders.

Congress passed the Military Lending Act (MLA) in 2006, placing caps on the
interest rates that creditors could charge active duty troops and their
families, but lawmakers left it to DoD to determine which lenders the new law
would apply to. In a proposed rule set for publication in Mondays Federal
Register, Pentagon officials said theyve concluded that they drew the initial
definitions much too narrowly.

For instance, while the rules were intended to cap interest...

Angelo Gordon has set up a middle market direct lending business with the appointment of Chris Williams and Trevor Clark. Williams and Clark co-founded and built the direct lending business at Madison Capital Funding.

Williams and Clark will both be managing directors, an Angelo Gordon spokesman said. The new team expects to launch the business in the first quarter of 2015 and will focus on loans to companies with EBITDA between $3 million and $50 million.

Madison Capital fired Clark, who was then CEO, and Williams, an executive, last year for allegedly violating policies on personal investments and personal business activities, Buyouts has reported. Madison Capital on Monday...

A neighborhood lending library containing childrens books was stolen out of the yard of a home in the 2200 block of Lincolnwood Drive over the weekend. This among the stories in todays daily crime bulletin from Evanston police.

OKLA. CITY There are concerns over a letter popping up in mailboxes across the metro.  

A viewer received one and asked our team to investigate where it came from.

At first glance, you might think this letter is from a collection agency demanding your payment.

They toss around names of popular big banks and use threats like 10 day deadline and failure to call and make payments will likely result in interest accruing and penalties.

We asked Elaine Dodd, the head of the fraud unit for the Oklahoma Bankers Association to size up the letter.

“That department of negotiations would imply that its some nationwide or federal agency or someone who is entitled...

DEERFIELD BEACH, FL–(Marketwired – September 15, 2014) – Within the past year, Corporate Rescue has successfully helped hundreds of small businesses across the US obtain financing to capitalize on new opportunities or just to help keep their businesses running.

Corporate Rescue specializes in facilitating low-doc, cash flow funding to small and medium size businesses in need of working capital. The founding partners, Robert Denton, Vince Arnette and John Colodny, recognized a void in the financial market. After the economic turn, many banks werent lending to small businesses even though their sales and profits had improved. I knew successful businesses worth over $1 million...

  • Former Fed governor warns RBA over house price tools

Reserve Bank of Australia officials will be hauled in front of the Senates economics committee for a special hearing on Thursday to explain their backflip on the risks associated with the housing boom and the need to put brakes on investment lending.

Committee chairman Sam Dastyari told The Australian Financial Review on Sunday he was concerned about the unanticipated consequences of the Reserve Bankss view-change on the sustainability of the housing boom and whether it needed to interfere with bank lending.

Another member of the committee, Nationals...