Mortgage Rates Hit Record Lows … Again
Due to QE3
Lending
Kamala Harris Has Usefully Poor Memory of How Mortgage Settlement Was Spent
It's just as well. How California is spending its portion of the money is slightly better than what Harris wanted.
Chinese Banks Prop Up "Zombie" Companies
Banks lend to companies because the government makes them, not because they're good loans.
Two More Cities Consider Seizing Mortgages
Sacramento and Elk Grove join the ranks of municipalities considering using eminent domain to grab delinquent home loans
Will Lending Changes Feed Yakuza Loan Sharks in Japan?
Opposition party wants to ease rules on non-bank loans amid stagnant economy.
Brazil Dodges Credit Bubble
Supercharged credit growth had economists worried about Brazil's near-term prospects, but new numbers show a slow-down
