Latest Loan/Mortgage News
Goldman Sachs balks at handling SpaceX loan, so Elon Musk turns to Bank of America
The hesitation highlights uneasiness among banks that have been challenged by regulators over the risks theyre taking in the $1.3-trillion leveraged-loan market. Insatiable investor appetite for floating-rate debt has enabled heavily indebted
Updated: 11/08/2018 05:41P
What the Midterm Election Results Mean for Your Student Loans
“This is an area that affects the futures of so many young men and women, and its time to address the issue before it gets even worse,” Reed told Student Loan Hero in an interview earlier this year. “Were shackling our children and grandchildren to
Updated: 11/08/2018 04:18P
Acquisition in New Mexico will fuel Enterprise Bank loan growth in KC
Enterprise Financial Services Corp. reached an agreement to acquire Los Alamos National Bank for about $213 million in cash and stock, a move that will greatly benefit the banks activities in Kansas City. Enterprise Financial (Nasdaq: EFSC) is the
Updated: 11/08/2018 04:01P
Florida Board of Health suspends or restricts 39 licenses, including 11 in Tampa Bay area
Gazelle Baumgard, Licensed Massage Therapist, allegedly defaulted on a student loan and failed to answer multiple board requests. Certified Nursing Assistant Jessica Brave pleaded guilty to possession of marijuana, a third-degree felony. Annie Ruth
Updated: 11/08/2018 03:49P
AfDB set to approve $600m loan for COCOBOD
The African Development Bank (AfDB) is close to approving a $600 million loan package for Ghanas cocoa regulator, COCOBOD, which will allow it to build warehouses to stockpile beans and protect itself against price falls, the banks president said.
Updated: 11/08/2018 02:42P
Josh Cullen suffers shoulder injury during loan spell at Charlton
Josh Cullens hopes of impressing Manuel Pellegrini enough to earn a recall have been dented this week. The midfielder has suffered an injury during his loan spell at Charlton Athletic. With West Ham short on numbers in midfield, Cullen would have been ...
Updated: 11/08/2018 02:41P
Moodys Expect Irish Banks To Continue Non-Performing Loan Sell-Off
The largest Irish lenders will need to shed about EUR9 billion of problematic exposures to bring their ratios of non-performing loans to gross loans into line with the European average, which has now fallen below 4%, said Roland Auquier, Moodys
Updated: 11/08/2018 02:02P
SpaceX roundup: Rocket firm seeks $750M in loans, Elon Musk wants to build mini-BFR ship
One of the most popular, most active rocket companies in the world is doing what it does best: working on the next innovative idea that could enhance space travel. But it also needs money to make that happen. Hawthorne, Calif.-based SpaceX — founded ...
Updated: 11/08/2018 01:12P
Estate Investments Group obtains funding to build Miami-Dade apartments
Estate Investments Group secured a $51.3 million construction loan for Soleste Alameda, an apartment complex that will rise in West Miami. Arkansas-based Centennial Bank and Miami-based LV Lending provided the mortgage to Miami-based EIG for the ...
Updated: 11/08/2018 12:03P
CRGs Exotic Loan Covenants Put Synergy On The Verge Of Bankruptcy
CRGs hefty penalties and restrictive covenants are crippling Synergy Pharmaceuticals ability to enter into partnerships and possibly forcing it into bankruptcy. CRG claims to be a specialty lender for biotech companies, but it has long ways to go to
Updated: 11/08/2018 11:41A