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It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
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Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
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Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
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LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
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America’s Thrifts Continue to Stabilize
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
America’s Thrifts Continue to Stabilize
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
America’s Thrifts Continue to Stabilize

December 6 2010 (Chris Moore)
OTS-sign
Banks and mortgage lenders have garnered most of the attention during the housing crisis, but America’s Thrift and Loans have seen their share hard times as well. In a report released by the Office of Thrift Supervision (OTS) on Friday, the thrift industry posted profits of $1.77 billion, marking the fifth consecutive quarter of profitability after losses from the fourth quarter of 2007 through the first half of 2009.

Third quarter 2010 profits were up from $1.49 billion in the previous quarter and from $1.24 billion in the third quarter of 2009.
Thrifts differ from banks in that they are required by law to have at least 65 percent of their lending in mortgages and other consumer loans. That has made them especially vulnerable to the housing slump and high unemployment.

By comparison, banks earned $14.5 billion in the July-September period, a hefty increase from $2 billion in the third quarter of 2009, the FDIC said.

The number of “problem” thrifts remained high at 53, compared with 54 three months earlier. That’s a result of continued pressures from soured loans, high unemployment and weakness in the housing and commercial real estate markets.

“The performance of our nation’s thrift industry in the third quarter was mixed,” observed OTS Acting Director John E. Bowman. “The industry’s profitability was encouraging, but other indicators reminded us that economic stresses – particularly from unemployment – continued to take a toll.”

Troubled assets (noncurrent loans and repossessed assets) were 3.45 percent of assets at the end of the third quarter, up from 3.35 percent at the end of the previous quarter, but down from 3.65 percent one year earlier.

At the end of the third quarter, the OTS supervised 741 thrift institutions with assets of $927.9 billion, as well as 436 holding company enterprises with approximately $4.2 trillion in U.S. domiciled consolidated assets. At the end of the previous quarter, the OTS supervised 753 thrift institutions with assets of $931.1 billion.

Tags: OTS, thrift and loans, profitability, problem thrifts, troubled assets, thrift industry, mortgages, consumer loans, housing slump

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
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Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
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THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

December 6 2010 (Chris Moore)
OTS-sign
Banks and mortgage lenders have garnered most of the attention during the housing crisis, but America’s Thrift and Loans have seen their share hard times as well. In a report released by the Office of Thrift Supervision (OTS) on Friday, the thrift industry posted profits of $1.77 billion, marking the fifth consecutive quarter of profitability after losses from the fourth quarter of 2007 through the first half of 2009.

Third quarter 2010 profits were up from $1.49 billion in the previous quarter and from $1.24 billion in the third quarter of 2009.
Thrifts differ from banks in that they are required by law to have at least 65 percent of their lending in mortgages and other consumer loans. That has made them especially vulnerable to the housing slump and high unemployment.

By comparison, banks earned $14.5 billion in the July-September period, a hefty increase from $2 billion in the third quarter of 2009, the FDIC said.

The number of “problem” thrifts remained high at 53, compared with 54 three months earlier. That’s a result of continued pressures from soured loans, high unemployment and weakness in the housing and commercial real estate markets.

“The performance of our nation’s thrift industry in the third quarter was mixed,” observed OTS Acting Director John E. Bowman. “The industry’s profitability was encouraging, but other indicators reminded us that economic stresses – particularly from unemployment – continued to take a toll.”

Troubled assets (noncurrent loans and repossessed assets) were 3.45 percent of assets at the end of the third quarter, up from 3.35 percent at the end of the previous quarter, but down from 3.65 percent one year earlier.

At the end of the third quarter, the OTS supervised 741 thrift institutions with assets of $927.9 billion, as well as 436 holding company enterprises with approximately $4.2 trillion in U.S. domiciled consolidated assets. At the end of the previous quarter, the OTS supervised 753 thrift institutions with assets of $931.1 billion.

Tags: OTS, thrift and loans, profitability, problem thrifts, troubled assets, thrift industry, mortgages, consumer loans, housing slump

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

December 6 2010 (Chris Moore)
OTS-sign
Banks and mortgage lenders have garnered most of the attention during the housing crisis, but America’s Thrift and Loans have seen their share hard times as well. In a report released by the Office of Thrift Supervision (OTS) on Friday, the thrift industry posted profits of $1.77 billion, marking the fifth consecutive quarter of profitability after losses from the fourth quarter of 2007 through the first half of 2009.

Third quarter 2010 profits were up from $1.49 billion in the previous quarter and from $1.24 billion in the third quarter of 2009.
Thrifts differ from banks in that they are required by law to have at least 65 percent of their lending in mortgages and other consumer loans. That has made them especially vulnerable to the housing slump and high unemployment.

By comparison, banks earned $14.5 billion in the July-September period, a hefty increase from $2 billion in the third quarter of 2009, the FDIC said.

The number of “problem” thrifts remained high at 53, compared with 54 three months earlier. That’s a result of continued pressures from soured loans, high unemployment and weakness in the housing and commercial real estate markets.

“The performance of our nation’s thrift industry in the third quarter was mixed,” observed OTS Acting Director John E. Bowman. “The industry’s profitability was encouraging, but other indicators reminded us that economic stresses – particularly from unemployment – continued to take a toll.”

Troubled assets (noncurrent loans and repossessed assets) were 3.45 percent of assets at the end of the third quarter, up from 3.35 percent at the end of the previous quarter, but down from 3.65 percent one year earlier.

At the end of the third quarter, the OTS supervised 741 thrift institutions with assets of $927.9 billion, as well as 436 holding company enterprises with approximately $4.2 trillion in U.S. domiciled consolidated assets. At the end of the previous quarter, the OTS supervised 753 thrift institutions with assets of $931.1 billion.

Tags: OTS, thrift and loans, profitability, problem thrifts, troubled assets, thrift industry, mortgages, consumer loans, housing slump

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS