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- Douglass executive banned from banking (The Kansas City Star)
Banking regulators have fined a former loan officer of the failed Douglass National Bank $5,000 and banned him from the industry. www.kansascity.com
- Mortgage applications fell in week (Moldova.org)
The volume of applications for U.S. mortgages declined last week, falling by a seasonally adjusted 20.3 percent, an industry group said.The Market Composite Index, which measures mortgage loan application volume, fell from 476.7 to 379.9 in the week ending Oct. 31, the Mortgage Bankers Association said in a release Wednesday.The Refinance Index also decreased, down 27.8 percent to 1,075.4, the ... economie.moldova.org
- NEWS: Lenders limit student loans at College (The Dartmouth)
When Lehman Brothers declared bankruptcy on Sept. 15, a number of the bank's employees -- alumni with outstanding student loans -- called Ron Hiser, director of Dartmouth Student Financial Services, to warn him that they did not know whether they would be keeping their jobs. thedartmouth.com
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