FORT LAUDERDALE, Fla. - Counting on money from your home-equity line of credit to pay for home renovations or college expenses? Watch out. Some banks are starting to restrict or freeze access to emergency cash. What’s exasperating is that lenders are Read More

June 27 (Bloomberg) — The following companies are having unusual price changes in U.S. trading. Stock symbols are in parentheses, and share prices are as of 2:45 p.m. in New York. Accenture Ltd. (ACN US) increased the most since Dec. 20, gaining 6.1 Read More

CHICAGO (MarketWatch) — When Denise Lopez bought two new tables, a floor lamp and a chair recently, her intent was to finance it with her home equity line of credit. But it wasn’t long before she discovered that wasn’t an option — her HELOC had Read More

CHELSEA — While Chrysler LLC gathered journalists from around the world last week to its Chelsea Proving Grounds to show off its 2009 model year lineup, there are growing concerns about the future of the Auburn Hills automaker. An influential annual Read More

SANTA FE, N.M.—A summary of the personal finances of candidates running for New Mexico’s three congressional seats, according to disclosure reports filed with the clerk of the U.S. House. 1st Congressional District Martin Henrich, Democrat Earned Read More

Composite Technology Corporation (CTC) (OTCBB: CPTC) is pleased to announce that Credit Suisse Securities (Europe) Limited (Credit Suisse) has exercised its option to invest a further $40 million. Prior to this investment, Credit Suisse owned 9.3% of Read More

S&P cuts ABS ratings on Countrywide deal from AAA Reuters - Jun 27, 2008 The rating cuts were on home equity line of credit resecuritization pass-through notes from CWHEQ Revolving Home Equity Loan Resecuritization Trust's series …

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Wall Street Journal

Banks Freeze Homeowners' Credit Lines; Fancy Finishes Are Out … Wall Street Journal - Jun 26, 2008 Major banks that rely on Wall Street backing are most likely to pull equity credit lines, but local banks, thrifts and credit unions may still be offering …

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Renovators in Limbo Wall Street Journal Blogs, NY - Jun 26, 2008 Countrywide froze Bill and Kathryn Keller's $900000 home-equity credit line at the beginning of this year — right before contractors were about to start a …

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Lenders limit, freeze home equity credit Belleville News Democrat,  USA - Jun 27, 2008 BY PAUL OWERS Counting on money from your home equity line of credit to pay for home renovations or college expenses? Watch out. Some banks are starting to …

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June 27 (Bloomberg) — The following companies had unusual price changes in U.S. trading. Stock symbols are in parentheses, and share prices are as of 4 p.m. in New York. Accenture Ltd. (ACN US) increased the most since Dec. 20, gaining 6.4 percent Read More

AMSTERDAM (Thomson Financial) - ProLogis European Properties (PEPR) said that it has invested a further 42 million euros in ProLogis European Properties Fund II (PEPF II), a private equity fund established by ProLogis in August 2007. The investment Read More

It seemed like a great deal when her credit card company sent Lola Peterson a check and promised to charge her just 3 percent interest until she paid off the balance. She used the check to buy two hearing aids. Then she noticed something fishy on her Read More

NEW YORK — Just as Americans grow more reliant on credit cards to help pay monthly bills, they’re being hit with a one-two punch: Card companies are reducing borrowing limits for tens of thousands of consumers, which then can lead to lower credit Read More

June 27 (Bloomberg) — The following companies had unusual price changes in U.S. trading. Stock symbols are in parentheses, and share prices are as of 4 p.m. in New York. Accenture Ltd. (ACN US) increased the most since Dec. 20, gaining 6.4 percent Read More

NEW YORK — Just as Americans grow more reliant on credit cards to help pay monthly bills, they’re being hit with a one-two punch: Card companies are reducing borrowing limits for tens of thousands of consumers, which then can lead to lower credit Read More

NEW YORK — Just as Americans grow more reliant on credit cards to help pay monthly bills, they’re being hit with a one-two punch: Card companies are reducing borrowing limits for tens of thousands of consumers, which then can lead to lower credit Read More

NEW YORK, June 27 (Reuters) - Standard & Poor’s on Friday cut its ratings on a number of securities backed by home equity lines of credit issued by Countrywide Home Loans, the mortgage unit of Countrywide Financial Group. Thirty six classes of a Read More

Credit line requires big equity San Francisco Chronicle,  USA - Jun 21, 2008 A: I certainly hope they won't laugh in your faces, but under your circumstances, I doubt that you will be able to obtain a home equity line of credit at …

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Wall Street Journal

Renovators in Limbo Wall Street Journal Blogs, NY - 14 hours ago Countrywide froze Bill and Kathryn Keller's $900000 home-equity credit line at the beginning of this year — right before contractors were about to start a … Banks Freeze Homeowners' Credit Lines; Fancy Finishes Are Out … Wall Street Journal S&P cuts ABS ratings on Countrywide deal from AAA Reuters all 4 news articles

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Sydney Financial consultants are helping borrowers take advantage … BigNews.biz (press release), MA - Jun 24, 2008 Homeowners can now take out a home equity line of credit and pay a substantially lower interest rate. Although interest rates on traditional mortgage loans …

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Los Angeles Times

Highlights from California's complaint against Countrywide Los Angeles Times, CA - Jun 25, 2008 For the borrower, however, drawing down the full line of credit at funding meant that there effectively was no ‘equity line’ available during the draw … BofA to cut 7500 jobs after acquisition Orlando Sentinel Countrywide's Final Days Minyanville.com BofA to cut 7500 jobs after purchase: Move comes as Countrywide … Trading Markets (press release) all 1,872 news articles

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Property Finance (June 22-28): Not Credit Impaired, but Market … CoStar Group, MD - 8 hours ago "This deal produces equity-like returns for our investors, with substantially less risk." "The note's current debt coverage ratio of 1.25 will likely …

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Calgary Herald

Beware, your credit score may have fallen Contra Costa Times, CA - 9 hours ago The card company worries that large balance may increase the prospects for default, so it lowers the credit line to $5000. But in doing that, it completely … House of Cards LA City Beat all 482 news articles

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Los Angeles Times

Highlights from California's complaint against Countrywide Los Angeles Times, CA - Jun 25, 2008 For the borrower, however, drawing down the full line of credit at funding meant that there effectively was no ‘equity line’ available during the draw … BofA to cut 7500 jobs after acquisition Orlando Sentinel Countrywide's Final Days Minyanville.com BofA to cut 7500 jobs after purchase: Move comes as Countrywide … Trading Markets (press release) all 1,872 news articles

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Credit line requires big equity San Francisco Chronicle,  USA - Jun 21, 2008 A: I certainly hope they won't laugh in your faces, but under your circumstances, I doubt that you will be able to obtain a home equity line of credit at …

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Sydney Financial consultants are helping borrowers take advantage … BigNews.biz (press release), MA - Jun 24, 2008 Homeowners can now take out a home equity line of credit and pay a substantially lower interest rate. Although interest rates on traditional mortgage loans …

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Credit line requires big equity San Francisco Chronicle,  USA - Jun 21, 2008 A: I certainly hope they won't laugh in your faces, but under your circumstances, I doubt that you will be able to obtain a home equity line of credit at …

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Renovators in Limbo Wall Street Journal Blogs, NY - 3 hours ago Countrywide froze Bill and Kathryn Keller's $900000 home-equity credit line at the beginning of this year — right before contractors were about to start a …

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Chrysler woes spark bankruptcy rumour The Australian, Australia - 6 hours ago Chrysler has been struggling in the debt markets since it was bought by private equity firm Cerberus Capital Management a year ago. It's difficult to obtain …

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Aleritas agrees to repayment schedule for credit line Bizjournals.com, NC - 12 hours ago Aleritas Capital Corp. has reached an agreement with a German bank that terminates further advances on a $40 million credit line and sets terms for its …

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Sydney Financial consultants are helping borrowers take advantage … BigNews.biz (press release), MA - Jun 24, 2008 Homeowners can now take out a home equity line of credit and pay a substantially lower interest rate. Although interest rates on traditional mortgage loans …

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June 26 (Bloomberg) — The following is a list of companies whose shares may have unusual price changes in U.K. markets today. Stock symbols are in parentheses and prices are from the last market close. The benchmark FTSE 100 Index increased 31.4, or Read More

MUMBAI (Thomson Financial) - Standard & Poor’s Ratings Services said it has lowered its outlook on Germany-based automotive supplier Continental AG. to negative from stable, the short-term corporate credit rating to ‘A-3′ from ‘A-2′, and affirmed the Read More

The Belgian-Dutch financial services group was forced to take what it called “exceptional measures” by tough market conditions as well as its purchase of parts of its former Dutch rival ABN Amro , sealed just as the credit crisis hit last year. Read More

Expert tips for saving money in a sagging Arizona economy ABC15.com (KNXV-TV), AZ - 1 hour ago A home equity credit line or a lock home equity line of credit. That’s availability of cash in the event of emergency. Of course its tide to your home and …

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Sydney Financial consultants are helping borrowers take advantage … BigNews.biz (press release), MA - Jun 24, 2008 Homeowners can now take out a home equity line of credit and pay a substantially lower interest rate. Although interest rates on traditional mortgage loans …

Read More…