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(AFX UK Focus) 2007-10-29 20:09 GMT: Resource America to acquire NetBank's $430M leasing portfolio from the FDIC (Interactive Investor)

Mon, 29 Oct 2007 20:20:12 GMT
BOSTON (Thomson Financial) - Resource America Inc. Monday said its subsidiary, LEAF Financial Corp., has agreed to acquire the $430 million leasing portfolio of NetBank's equipment leasing division, NetBank Business Finance.

Resource America's LEAF Financial Corporation to Acquire $430 Million Leasing Portfolio From the FDIC (Marketwire via Yahoo! Finance)

Mon, 29 Oct 2007 19:08:00 GMT
Resource America, Inc. announces today that its commercial finance subsidiary, LEAF Financial Corporation, has been selected by the FDIC as the purchaser of the approximately $430 million leasing portfolio of NetBank Business Finance, the equipment leasing division of NetBank, based out of Columbia, South Carolina. NetBank is currently being operated in receivership by the FDIC. LEAF will ...

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Square away loan thoughts (The Charlotte Observer)

Sun, 28 Oct 2007 12:07:17 GMT
ant to tackle debts? Short on cash? Maybe you've thought of borrowing from your 401(k). Lots of people do, but experts say it's often not a smart move. Nearly one in four 401(k) participants has a loan from their retirement account. Personal finance experts are worried that given the credit crunch -- the result of rising interest rates -- more Americans are or soon will be tapping their nest ...

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