Smith county residents now eligible for low-interest loans. Read more from the original source: Disaster Loans for tornado victims

The European Central Bank on Thursday made unexpectedly big special loans to help banks pay off record one-year borrowing as nervous markets waited to see how healthy the banking sector really is. Read the rest here: Eurozone banks seek 111.2bln euros in 6-day loans: ECB

When Quicken Loans moves 1,700 employees to downtown Detroit from Livonia in August, some will decide against long commutes to work. About 25 employees toured downtown lofts and apartments Wednesday in preparation for the move in mid- to late-August. Continue reading here: Quicken Loans moves 1,700 employees to downtown Detroit

Bank lending growth in Singapore likely to continue for rest of this year, driven by demand for housing loans, says Citigroup, according to Dow Jones. Total loans in May +8.0% on-year, +1.5% on-month, with housing loans +20.7% on-year, according to latest official data. We expect double-digit mortgage growth to sustain through year-end despite several rounds of property cooling measures. The … Continued...

Islamic bonds returned more than Shariah-compliant stocks for the second straight quarter, helped by Dubai Worlds May accord with creditors to restructure $23.5 billion of loans. Continue reading here: Dubai World Rescue Means Stocks Lose to Sukuk: Islamic Finance

There are 960 fixed rate loans representing $9.6 billion scheduled to mature by the end of the year, according to a Fitch Ratings’ review of CMBS fixed rate commercial loans. Of these 960 loans, 103 loans representing $2.3 billion (23.3%) are in special… Read the original here: $2.3 Billion in Troubled CMBS Loans Coming Due Over Next 6 Months