Feb
21
Bank of Ireland CEO Says Home Loan Arrears to Peak in 2012
20 (Bloomberg) — Bank of Ireland Plc Chief Executive Officer Richie Boucher said he expects the bank's home-loan arrears to peak this year and loan-loss impairments will “reduce over time” as the Irish economy recovers. Shares in the largest Irish …
Read more on BusinessWeek
Some consumers to receive restitution for alleged foreclosure scam
Last May, the Attorney General's Office filed a lawsuit against the three foreclosure rescue companies, accusing them of collecting thousands of dollars in upfront fees for mortgage loan modification services. The companies allegedly solicited clients …
Read more on Sun-Sentinel (blog)
Banks to increase household loans by 5.4 percent this year
Korean banks plan to expand their lending but cut down on home-backed loans this year, putting more pressure on debt-laden households. In the 2012 management reports filed to the Financial Supervisory Service, the country's banks said they would extend …
Read more on The Korea Herald
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