JPMorgan's Petno Sees Banks Making 'Irrational' Commercial Loans
Feb. 26 (Bloomberg) — Banks are making “irrational” commercial and industrial loans as they seek higher-yielding assets and the supply of quality borrowers is low, said JPMorgan Chase & Co.'s Doug Petno. “Just in the last several months we've seen …
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SBA Lending Marches On Post-Sequester, But Anxieties Linger
The Small Business Administration isn't expecting to slow down its pace of guaranteeing loans in the wake of the sequester, says outgoing SBA-chief Karen Mills. While the agency's loan-guarantee fund expects to lose $ 16.68 million, the SBA has never …
Read more on Terra.com

Local China Governments to Curb Housing Loans
Such funds are intended to support first-time home buyers and generally offer below-market rates for loans. The funds are often designed to supplement financing from commercial loans for home buys. The new restrictions represent a partial reversal …
Read more on Fox Business

Four Executives Hired To The Leadership Team At United Lender Services
Jim DiGregory previously held the position of Vice President and General Counsel at the Glimcher Group, Inc., where he prepared loan financing packages and negotiated and closed numerous commercial loans. He also has experience in loan underwriting …
Read more on PR Newswire (press release)