Tag: sba gov loans
Why did California sell off its banks to Citigroup?
The state is on the verge of taking steps to address a crisis of liquidity that has forced it to sell off some of its bank properties.California is also preparing to consider buying the debt of California Bank of the West, which was the largest lender in the state before it went under in January.California […]
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How lenders can charge more to get homeownership in the future
A lot of lenders have a tough time keeping borrowers on their home equity lines of credit, and that’s because they can charge them more than what they’re currently paying on those lines of financing.Here’s how they can do it.Credit default swaps are a type of debt security that banks can offer to help borrowers […]
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