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UK loans firm gets OFT rap over credit ads (Banking Business Review) - UK loans company Charles Price has agreed to change its credit advertising following action by the Office of Fair Trading.. Borrowing Rate Declines on Big Drop in Auto Loans (Washington Post) - Consumer borrowing fell in September by the largest amount since the recession of the early 1990s, weakened by a huge drop in auto loans. . Greystone Servicing Corporation Closes on $82 Million Seniors Healthcare Related Bridge Loans in September (Business Wire via Yahoo! Finance) - NEW YORK----Greystone Servicing Corporation Inc., , announced that in September it has closed on bridge loans in the seniors health care lending market totaling $82 million. GSC is one of the top tier FHA lenders and is a top tier Fannie Mae seniors lender as well as a direct bridge lender.. (AFX UK Focus) 2006-11-13 12:50 GMT: BNP Paribas to launch 25 bln eur covered bond programme (Interactive Investor) - PARIS (AFX) - BNP Paribas said it will launch a 25 bln eur programme of covered bond sales, secured by the bank's portfolio of home loans, consumer credit and other assets.. 125pc home loans offered to 'cash-poor' professionals (Daily Telegraph) - HBOS, Britain's biggest mortgage lender, yesterday launched a 125 per cent home loan to help cash-poor professionals on to the housing ladder.. Mortgage 2000 announces Preferred range (Mortgage Introducer) - Highlights of the range include arrears in last three months with non-conforming lenders now accepted from Near Prime Extra to Mid Adverse, 100% of any verified benefits/CSA/state pension accepted subject to additional verified earned income, payment history on secured loans ignored, all property types considered, three months proof of residency required and no private landlord’s reference . The Death Of Cheap Credit? (Fool.co.uk via Yahoo! UK & Ireland Finance) - With the Bank of England raising its base rate, the cost of borrowing is set to rise. Does this spell the end for ultra-low-rate loans?. Consumer loans fell in Sept. (Baltimore Sun) - Decline in car sales exacerbates largest drop since '90s recession Consumer borrowing, weakened by a huge drop in auto loans, fell in September by $1.2 billion, the largest amount since the recession of the early 1990s, . Embattled builder staves off liquidation (Asbury Park Press) - Kara Homes Inc. can bring in a crisis management firm to help owner Zuhdi Karagjozi reorganize the company, a bankruptcy court judge ruled Monday, rejecting for now the arguments of some of his largest creditors that the home builder is beyond saving.. Noe guilty 29 times; former-coin dealer will face a minimum of 10 years in state prison (The Toledo Blade) - Tom Noe, the once high-flying Republican financier who soared from college dropout to a millionaire coin dealer advising governors, was found guilty yesterday of stealing from the Ohio Bureau of Workers' Compensation and using the cash to erase debts and to buy and furnish million-dollar homes..