Latest Loan/Mortgage News
A Discounted Prepayment Helps Cumulus Trim $1.3B Loan
Cumulus successfully purchased $50.2 million aggregate principal amount of term loans under the Facility for $50 million, a discount to par value of 0.40%. The transaction closed Thursday (10/11) and was funded with cash from operations. As of the
Updated: 10/11/2018 04:41P
RED Capital Group Arranges $7.8 Million Construction Loan to Convert Historic Building to Apartments in Lancaster ...
COLUMBUS, Ohio--(BUSINESS WIRE)--Oct 11, 2018--RED Capital Group, LLC (RED) recently arranged a $7.8 million construction loan for Tobacco Road apartments, an adaptive reuse of an historic building in Landisville (Lancaster County), Pennsylvania.
Updated: 10/11/2018 04:19P
Debtors: Govt missed chance to end loan shark industry
The government has announced a crackdown on lenders, with plans to cap chargeable interest and fees on high-cost loans, tougher penalties for rule breakers and requiring lenders to pass a fit and proper person test. The Commerce Commission said it
Updated: 10/11/2018 04:07P
More lenders making SBA loans to Buffalo, Rochester small businesses
The number of lenders making government-guaranteed loans to small businesses in the Buffalo-Rochester market continued to rise during the past 12 months, helping to push total approvals above the 800-loan mark. Between Oct. 1, 2017 and Sept. 30, 2018 ...
Updated: 10/11/2018 03:03P
Threatened elimination of Public Service Loan Forgiveness program creates uncertainty for physicians and their debt
The future of the Public Service Loan Forgiveness (PSLF) program currently hangs in the balance, as government officials consider ending it. Discrepancies in current interpretations of the program and doubts about its future have created an environment
Updated: 10/11/2018 01:21P
Marriott Workers Struggle to Pay Bills, and Credit Union Fees
For more affluent Marriott employees, on the other hand, credit union membership can be a very good deal. Typical interest rates on car loans and mortgages obtained through the credit union are below the national average, according to financial filings.
Updated: 10/11/2018 12:29P
Local startup gets DEED loan
MANKATO — A Mankato startup looking at ways to make safer football equipment received an interest-free loan from the Minnesota Department of Employment and Economic Development. Guardian Athletics is getting a $50,000 loan to help it in researching ...
Updated: 10/11/2018 11:57A
How to Get or Refinance Puerto Rico Student Loans
The good news is, you have a number of options to get student loans in Puerto Rico that have affordable interest rates and favorable terms. You also have opportunities to refinance your Puerto Rico student loans after graduation to save money or even
Updated: 10/11/2018 11:05A
Single mom masterminds $700K swing from debt to savings
When Takiia Anderson graduated from Boston College Law School in 1999, she was a single mom with a 2-year-old child, nearly $100,000 in student loans and a new job as a government attorney that paid $34,102 a year. She didnt like that math. “People ...
Updated: 10/11/2018 10:42A
Student Loan Scams to Watch Out For
As things stand now, there are more than 44 million people who collectively owe a whopping $1.5 trillion in student loan debt in the U.S Clearly, this is an issue that needs to be addressed. The problem is that there just arent enough jobs for these
Updated: 10/11/2018 09:54A
