Latest Loan/Mortgage News
Sears Burns Cash While Betting on Lampert Loans for Survival
Sears is expected to bleed $220 million in just the first month of its bankruptcy, court filings show, cutting deep into the $300 million loan it secured this week from senior lenders. The crunch could become more acute if Sears doesnt get an
Updated: 10/19/2018 07:16A
FEMA to loan RVs to some North Carolinians made homeless by Florence
KINSTON, N.C. - The Federal Emergency Management Agency is loaning recreational vehicles to some North Carolinians whose homes were left uninhabitable by Hurricane Florence. [North Carolina governor signs Florence emergency spending]. FEMA is ...
Updated: 10/19/2018 06:52A
GasValpo refinances loan in Chile
Barros Errzuriz Abogados and Philippi Prietocarrizosa Ferrero DU Ura (Chile) have helped holding company GV and its subsidiary gas distributor GasValpo refinance a US$126 million loan provided by a syndicate of banks.
Updated: 10/19/2018 06:52A
Teachers Savings and Loan Society celebrates International Credit Union Day
Over 200 employees of Teachers Savings Loans Society today celebrated International Credit Union Day. Held on the Third Thursday of October each year, this day celebrates the essence of Credit Unions, in providing more efficient support for contributors.
Updated: 10/19/2018 12:07A
Florence County Council OKs loan to offset tax error
... Carpenter, Joye, and Yokim to recommend that the council offer a resolution loaning the money interest-free to the college from the countys general fund balance and then tax at double the rate in the 2019 tax year to provide the money to pay back
Updated: 10/18/2018 07:38P
5th District debate covers school violence, student loan debt, other issues
NEW BRITAIN — Republican and former Meriden Mayor Manny Santos and Democrat Jahana Hayes sparred on everything from school shootings to student loan debt Wednesday night. The two candidates faced off before an audience at Central Connecticut ...
Updated: 10/18/2018 06:13P
Nexstar Media Group Refinances Senior Secured Term Loans and Revolving Credit Facility
IRVING, Texas--(BUSINESS WIRE)--Oct 18, 2018--Nexstar Media Group, Inc. (Nasdaq: NXST) announced today it received commitments for a $2.676 billion refinancing of its outstanding Senior Secured Term Loan facilities, including the balance of the $703 ...
Updated: 10/18/2018 05:51P
Game of Loans: How Are Lenders Winning Deals in Todays Competitive Landscape?
Kevin Cullinan, a vice president at Mack Real Estate Credit Strategies, said that victorious lenders are those who can demonstrate structural creativity and provide continued asset management services after a loan closes. Additionally, having a strong
Updated: 10/18/2018 05:36P
I Am Heartbroken: Your Letters About Public Service Loan Forgiveness
Thank YOU, writes Cara Christensen, a first-grade teacher in Washington state who read NPRs deep dive into the troubled Public Service Loan Forgiveness program (PSLF). The reporting, she says, made me feel not so alone. We received dozens of ...
Updated: 10/18/2018 05:15P
Fannie, Freddie looking to increase mortgage loan limits
Lets speculate and split the difference between FHFAs second-quarter number and Attoms third-quarter number. If FHFA raises the baseline loan limits 5.9 percent, then the new conforming loan limit for Orange, Los Angeles, Riverside and San
Updated: 10/18/2018 05:06P