RateGenius Launches Online New Car Refinance Service In Four Texas Markets.
Business Editors & High-Tech Writers AUSTIN, TexasBUSINESS WIREJan. 8, 2001 Internet Financial Services Site Empowers Lenders and Consumers Alike in Austin, Dallas, Houston, San Antonio; Company Secures Additional $1 Million in Funding RateGenius Inc., an Austin-based online financial services

Publication: Business Wire

Banks refinance Daewoo America ; $36 million in debts are forgiven for equity stake.(Brief Article)
LOS ANGELES - The creditor banks of bankrupt Daewoo Motor Co. have taken a stake in the Korean automaker's U.S. sales arm through a debt-for-equity swap aimed at keeping the distributor in operation. The banks agreed last week to write off 90 percent of the U.S. company's outstanding debt - $36

Publication: Automotive News

HIGH RATES IMPACT CAR DEALERS, BANKS
THIS ELECTRONIC VERSION MAY DIFFER SLIGHTLY FROM THE PRINTED VERSION. ECONOMY Higher interest rates have dampened interest in refinancing mortgages and loans for vehicles, spokesmen for Northwest Indiana banks and auto dealerships said. When the Federal Reserve Board raised the prime rate, auto

Publication: Post-Tribune (IN)

Two Area Banks Roll Out a New Wrinkle: Car Refinancing
Pity the poor consumer. He was forced to wait a month before he could talk to his busy mortgage banker about refinancing his home. It took two more months before his paperwork could be completed and he could start taking advantage of his new low-interest-rate mortgage. Now, NationsBank Corp. is

Publication: The Washington Post

Used-car slump hits repossessors, Banks try to work with debtors instead of taking back vehicles
DALLAS - The economy is down. Auto loan delinquencies are up. But the back-end business of repossessing cars is not booming as much as one might think. Car repossessions, propelled by rising unemployment and record-breaking personal bankruptcies, grew from 1.235 million in 2001 to 1.376 million in

Publication: Charleston Gazette

Used-car sales slump puts dent in industry, changes bank practices.
Byline: Anuradha Raghunathan DALLAS _ The economy is down. Auto loan delinquencies are up. But the back-end business of repossessing cars is not booming as much as one might think. Car repossessions, propelled by rising unemployment and record-breaking personal bankruptcies, grew from 1.235 million

Publication: The Dallas Morning News (via Knight-Ridder/Tribune News Service)