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Subprime Lending Crisis: Auto Loans Thrive, Housing Down (Time Magazine)
In the wake of the credit crisis, banks have scaled back lending to subprime borrowers. But other lenders have stepped in, making high-interest-rate loans to borrowers with low credit scores

Agricultural Bank 2010 Loans 740 Billion Yuan, Securities Says (Bloomberg)
March 12 (Bloomberg) -- Agricultural Bank of China may have more than 740 billion yuan of new loans this year, the China Securities Journal reported today.

Greater to offer lower-rate home loans (Brisbane Times)
The Greater Building Society says it will begin providing home loans at a lower rate than the big four banks, as it seeks to lure away regional customers.

Fannie, Freddie go after bad loans (The Record and Herald News)
Accountants at Fannie Mae and Freddie Mac are auditing mortgage files to uncover loans with improper documentation about a borrower's income, and then forcing banks and savings and loans to buy the loans back.

Discover Financial expects to report a first-quarter loss due to soured loans (Minneapolis-St. Paul Star Tribune)
NEW YORK - Discover Financial Services on Thursday said it expects to post a loss for its fiscal first quarter after setting aside more funds to cover soured loans.

Jan-Feb loans hit 28% of yearly target (China Daily)
The new yuan-denominated loans extended by China's banks in the first two months of 2010 hit 2.09 trillion yuan ($306.17 billion), accounting for 28 percent of the nation's lending target of 7.5 trillion yuan set for this year.

Anglo starts legal action over FitzPatrick loans of €70m (Irish Examiner)
ANGLO Irish Bank has initiated legal action against controversial former chairman Sean FitzPatrick over unrecovered loans amounting to about €70 million.

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