DENVER, Jan 10, 2012 (BUSINESS WIRE) – Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial services industry, has been selected by Generation Mortgage Company to replace its homegrown lending system with Mortgage Cadence’s enterprise lending platform, Orchestrator(R), Finale Document Services and the Mortgage [...]

n>(Reuters) – Tokyo Electric Power Co Incs (9501.T) main lenders will begin talks this week to decide conditions to lend Japans biggest utility, also known as Tepco, an additional 1 trillion yen ($13.01 billion), at the governments request, business daily The Nikkei said. Sumitomo Mitsui Financial Group Inc (8316.T) unit Sumitomo Mitsui Banking Corp and [...]

(MoneyWatch) COMMENTARY Fraud pays. Thats what an executive at General Electric (GE) subsidiary WMC Mortgage told one of the subprime lenders own fraud investigators at a 2006 meeting to discuss using new software to identify dodgy home loans, reports the Center for Public Integrity. The technology was largely shelved. So was the investigator, one Dave [...]

SHEPHERDSTOWN, W.Va., Jan 09, 2012 (BUSINESS WIRE) – K. Stephen Morris, President and CEO of Jefferson Security Bank, announced the retirement of Executive Vice President of Lending, M. Wayne Goodrich. Mr. Goodrich has been employed by Jefferson Security Bank for 35 years. He has served as Executive Vice President of Lending since December 2004. Karl [...]

Cedar Education Lending Announces an Initiative to Help Colleges Provide Private Student Loan Consolidation Options to Graduates Cedar Education Lending announced that it is working with College Financial Aid and Alumni Offices to help spread the word about Private Student Loan Consolidations to recent graduates.

Banks’ Lending Should Start Playing Catch-Up With Economy: View November 06, 2011, 1:47 PM EST Business Exchange E-mail Print More From Businessweek With Berlusconi Gone, Will Europe’s Leaders Save the Euro?: View Republican Show Gives Every Amateur His Hour: Margaret Carlson Latin American Elections Are Reagan-Era Redux With a Twist: View Papandreou Grip on Power [...]

Russia Leaves Interest Rates Unchanged to Cap Lending Growth October 28, 2011, 10:50 AM EDT Business Exchange E-mail Print More From Businessweek Cyprus Says 2.5 Billion-Euro Loan Agreement Signed With Russia Lagarde Says Russia, BRICS ‘Willing’ to Bolster IMF Financing BRICS Nations Ready to Help Europe via IMF, Russia’s Lavrov Says Lagarde Says Eastern Europe [...]

(CNN) — Board a bus or a train today and chances are youll see several people with eReaders in hand. While most probably bought their electronic books on a popular website, you may find a few who borrowed the paperless books from the library. EBooks accounted for 6.4% of all publishing in 2010, according to [...]

The amount of money loaned by Kansas banks for new buildings and business operations in the first half of 2011 is the lower than at any time in the past five years, but bankers say its not because they are tightening credit. In a report prepared this week for The Wichita Eagle (http://bit.ly/sSFlLIhttp://bit.ly/sSFlLI ), the [...]

Colombia Banks Boost Debt Sales as Growth Spurs Lending October 28, 2011, 5:18 PM EDT Business Exchange E-mail Print More From Businessweek Bonds Top Emerging-Market Average on Peso Rally: Mexico Credit Colombian Peso Drops Most in a Month on European Debt Concerns Forty Brazil IPOs Waiting for Market Pickup, Exchange Says Emerging-Market Stocks Fall, Paring [...]