Solar loan guarantees announced

(AP) -- The Department of Energy has announced nearly $4.5 billion in conditional commitments for loan guarantees for three California solar projects, the agency said.

Public firms weathered recession better than expected

(PhysOrg.com) -- The prevailing narrative of the financial crisis revolves around banks' reduced ability to issue loans, but a new paper by University of Arizona associate professor of finance Kathy Kahle reveals that the ...

The downside -- and surprising upside - of microcredit

Microcredit, which involves giving small loans to very small businesses in an effort to promote entrepreneurship, has been widely touted as a way to reduce poverty and stimulate economic growth. A multitude of both non- and ...

A good story can trump a bad credit score in peer-to-peer lending

These days a bad credit score will get you turned away by a bank, but if you tell a good story about that score, you can improve your chances of getting a microloan from a peer-to-peer lender, according to new research from ...

New mortgage design would minimize home foreclosures

With mortgage loan defaults on the rise yet again, two mortgage researchers are proposing a new type of mortgage contract that automatically resets the balance and the monthly payment based on the mortgaged home's market ...

Most mortgage meltdowns not caused by subprimes

Subprime mortgages were not the main reason behind the housing crisis that started in 2009 and continues to bedevil the faltering U.S. economy, according to a University of Michigan study.

Bank relationships matter

In the current economic climate, many small businesses face difficulties when applying for loans. However, the process may vary depending on the business' previous relationships with financial institutions. In a recent study, ...

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