Finance

Beware of Fannie’s Help - Wall Street Journal
Remember Ninja mortgages — no income, no job, no assets? And “liar loans,” with no check of borrowers’ stated incomes? Staid old Fannie Mae and Freddie Mac, the U.S. mortgage titans, were supposed to have shunned such subprime excesses. Maybe they …

Citi launches new non-collateral loan in China - Banking Business Review
Chinese Mainland citizens that work or reside in Shanghai, aged between 18 and 55, are eligible to apply for the Citi Unsecured Personal Loans (UPL). Eligible customers can obtain a loan of up to RMB200,000. Choices can be made regarding the length …

Amscot Financial Contributes to Charity Challenge Inc., Supporting … - Forbes
WINTER PARK, Fla., April 17 /PRNewswire/ — Amscot Financial, a leading provider of convenient, consumer-oriented financial services, invites all to come out and have fun “the Amscot way” at its open house on Saturday, April 19 from noon to 2 p.m. at …

Call this home loan the last resort, not a ticket to a resort - Detroit Free Press
Seniors don’t have to look farther than the TV or their own mailboxes to find somebody selling a way to dig out of trouble, or foreclosure, with a reverse mortgage. And the marketing is going to get more intense. Big players like Livonia-based …