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Latest Loan/Mortgage News

What Makes Now the Time to Get Back in the Home Equity Loan Game?
The demand for loans has increased significantly over the last few years, from a low of 19% in 2015 to 21% just last year. In fact, according to the research study from Raddon, 28% of consumers in the market today anticipate taking out a loan in the
Updated: 10/18/2018 01:11P

Emily Younker: Student loan default rate declines in Missouri
Some good news out of Missouri this week: the states three-year student loan default rate has decreased slightly, to 10.3 percent from 10.9 percent. That places Missouris rate below the national average, which decreased to 10.8 percent from 11.5 percent.
Updated: 10/18/2018 12:46P

HUD Lean Program Ends Year With $3.6 Billion in Loan Production
Over the course of the fiscal year, the program closed $3.6 billion of loan volume, an increase of 6% compared to 2017. A total of 317 loans were closed, as the program maintains its position as an important source of debt capital for the seniors
Updated: 10/18/2018 11:10A

Ibrahimovic responds to Man Utd loan return rumours
Zlatan Ibrahimovic has said that a Manchester United return in January would be difficult, after admitting he needs to find a “good balance between work and rest”. Jose Mourinhos men have struggled this season, heaping huge amounts of pressure on the ...
Updated: 10/18/2018 11:00A

What Defrauded Student Loan Borrowers Need to Know
The 2016 borrower defense rule outlines a way for student borrowers to apply for loan forgiveness if they were defrauded or misled by their college. Just before the rule was slated to take effect in 2017, Education Secretary Betsy DeVos announced plans
Updated: 10/18/2018 10:54A

Gardner bill would let employers help pay student loan debt
COLORADO SPRINGS – Walking across the stage, receiving a diploma and finishing college — for many, its supposed to signify the end of years of education and the beginning of a professional life. Theres just one problem: student loan debt. “We have a ...
Updated: 10/18/2018 12:34A

Student loan debt crisis is about to get worse
Student loans have seen almost 157 percent in cumulative growth over the last 11 years. By comparison, auto loan debt has grown 52 percent while mortgage and credit card debt actually fell by about 1 percent, according to a Bloomberg Global Data
Updated: 10/17/2018 07:51P

BEDC Sports Club Loan Programme Launched
A Government spokesperson said, “Representatives from local sports clubs were on hand at this development seminar to learn about this new initiative and the loan application process as well as receive information on all of the BEDCs products to assist ...
Updated: 10/17/2018 04:10P

Consumers Energy contributes $75000 to Kellogg Foundations Small Business Loan Fund
In June, the W.K. Kellogg Foundation announced a new loan fund for small businesses in Battle Creek. The target was $10 million, with the foundation committed to matching each $1 given to the fund with $2. The fund moved another step closer to that
Updated: 10/17/2018 03:32P

RBI to provide 2% interest subvention on crop loans
To provide relief to farmers availing short-term crop loans and those affected by natural calamities, the Reserve Bank of India said an interest subvention of 2 per cent per annum will be made available to banks for the first year on the restructured
Updated: 10/17/2018 11:51A

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