Latest Loan/Mortgage News
Government announces fresh measures to target loan sharks
The Governments announced new measures to combat loan shark lenders who charge high interest on relatively small loans. There will be a cap on the total amount of interest and fees that can be charged by loan sharks. Loan sharks will not be able to ...
Updated: 10/09/2018 06:13P
Down payment loan limits will force buyers to rural PEI: Real Estate Association
The PEI Real Estate Association says Islanders hoping to take advantage of the provinces new down payment assistance program will likely need to do their house hunting in rural P.E.I.. The program was officially launched Tuesday, with more details on
Updated: 10/09/2018 06:00P
Government set to crack down on loan sharks with fines of up to $600k for lenders who break rules
The Government is set to crack down on loan sharks, introducing a range measures designed to stop the lenders exploiting vulnerable or financially-naive people. Minister of Commerce and Consumer Affairs Kris Faafoi announced the measures today, which ...
Updated: 10/09/2018 05:27P
Candidate for state treasurer hopes to solve student loan debt issues
Eau Claire (WQOW)- An Eau Claire native running for Wisconsin State Treasurer hopes to alleviate student loan debt. Sarah Godlewski made a stop Tuesday at UW-Eau Claire to talk with students about how she can make a difference. Godlewski said on ...
Updated: 10/09/2018 05:24P
Arkansas student loan default rate slides to 11.2%, debt climbs to nearly $11 billion
Student loan default rates for Arkansas college students declined for the fifth straight year even as the amount of debt owed by current and former college goers nears crisis level, according to newly released data from the U.S. Department of Education
Updated: 10/09/2018 05:06P
Interest rates to be capped on high cost loans as govt targets loan sharks
Prime Minister Jacinda Ardern has announced there will be an interest rate cap on high cost loans, to stop people spiralling into debt. Ms Ardern made the announcement today after a review of the Credit, Contracts and Consumer Finance Act, including
Updated: 10/09/2018 05:02P
New Naftali debt platform closes on first loan with $50M mezz package for Central Park condo
Naftali Credit Partners, a subsidiary of Naftali Group, has closed a $50 million mezzanine loan for the construction of 145 Central Park North. The first offering by Naftali Credit Partners new debt platform, the loan is for the construction of a 13
Updated: 10/09/2018 03:49P
DHFL likely sold Rs 5000-7000 crore loans to SBI
The portfolio included small-ticket quality home loans, yielding regular repayments, three people familiar with the transactions told ET. The loan pricing may be partly higher (about 50 basis points) than the rate at which SBI offers to its own customers.
Updated: 10/09/2018 02:03P
Iowa approves funding loans and grants for five rail projects
The Iowa Transportation Commission last week approved more than $3.1 million in funding for five rail infrastructure and related rail development projects under Iowas Railroad Revolving Loan and Grant Program (RRLG). The Iowa Department of ...
Updated: 10/09/2018 01:36P
Clock Shop Lofts Get $800K Clean-Up Loan
The commissioners voted unanimously to approve a resolution that will allow the city to loan $800,000 in federal Environmental Protection Agency (EPA) funds to Taom Heritage New Haven, LLC, the Portland, Oregon-based developers of the new Clock ...
Updated: 10/09/2018 12:37P
