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Latest Loan/Mortgage News

Navient Student Loan Refinancing Review
Navient is a student loan servicer for federal and private student loans. It offers student loan refinancing through its NaviRefi product, which is available to Navient customers by invitation only. NaviRefi is unique in that it serves only borrowers
Updated: 10/25/2018 10:13A

Janet Yellen sounds alarm over plunging loan standards
In an interview with the Financial Times, the former chair of the Federal Reserve said she was particularly alarmed by loosening standards in the $1.3tn market for leveraged loans, which are offered to companies with weaker credit ratings. “I am
Updated: 10/25/2018 12:01A

For Hermitage Club, closing on loan imminent
We dont think it is a question of whether it closes or not but it is more of a question that it closes as a $30 million or $25 million loan based on the appraisal which needs to support a 50 percent loan to value. As long as were in this range it
Updated: 10/24/2018 07:31P

Fayemi signs order to stop education taxes, teachers get N200m loan
Kamarudeen Ogundele, Ado Ekiti. The Ekiti State Governor, Dr Kayode Fayemi, has signed an Executive Order banning various fees collected by some principals, headteachers and other school officials. He also approved N200m as car and housing loans for ...
Updated: 10/24/2018 07:29P

Easing of taxi medallion issues, loan growth boost BankUnited
Third-quarter profits rose at BankUnited in Miami Lakes, Fla., on higher loan yields, lower taxes and a smaller provision for loan losses. Net income for the $31.5 billion-asset BankUnited was $97.3 million, 43% higher than the third quarter of last year.
Updated: 10/24/2018 06:24P

Chinas Most-Indebted Developer Has a Risky Shadow Loan Habit ...
China Evergrande Group, the countrys most indebted developer, has a lot more work to do as it tries to win over investors with plans to reduce leverage and ...
Updated: 10/24/2018 06:00P

Gordhan rejects Joburg mayors claims he misled Parliament on Denel loan
This comes after Mashaba was reported to have implied that Gordhan misled Parliament in written replies to MPs when he said that the R290m loan facility that Denel accessed from the City of Joburg through Regiments Capital was legal. Gordhan has told ...
Updated: 10/24/2018 04:51P

Tesla boosts cash position despite repaying loan, expects trend to continue through Q4
Tesla promised it would swing to profitability and positive free cash flow in the third quarter of 2018, and on Wednesday the company reported that it had achieved those goals in Q3. Thanks to recent manufacturing changes that allowed Tesla to produce
Updated: 10/24/2018 04:48P

Sothebys joins growing number of employers implementing student loan benefit
Add Sothebys to the growing number of employers that are turning to student loan repayment benefits to attract and retain talent. The international auction house said Tuesday it will contribute $150 each month toward employees repayment of the
Updated: 10/24/2018 04:16P

USDA offers targeted farm loan funding for underserved groups and beginning farmers
U.S. Department of Agriculture (USDA) Washington Farm Service Agency (FSA) Executive Director Brian Dansel reminds producers that FSA offers specially targeted farm ownership and farm operating loans to underserved applicants as well as beginning ...
Updated: 10/24/2018 03:55P

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