Latest Loan/Mortgage News
State OKs $12M loan for, bids adieu to, Muncie Community Schools
MUNCIE, Ind. — The director of the Indiana Office of Management Budget voted on Thursday in favor of a $12 million state loan to Muncie Community Schools — then indicated to school officials hed be happy to never see them again. It was meant as a ...
Updated: 11/15/2018 05:37P
Virginia AG orders civil penalties against loan company
(AP) — Virginias attorney general has ordered civil penalties and debt relief totaling $50 million against a loan company in light of a lawsuit accusing it of making illegal, high-interest loans to more than 1,000 veterans and retirees. Attorney
Updated: 11/15/2018 05:24P
Vets targeted in high interest loan scam
Vets targeted in high interest loan scam. Unable to load video. The state attorney generals office has won a $50 million from a Nevada-based lender, who ripped off vets with PRICEY interest rates. Published: 4:38 PM EST November 15, 2018. Updated: 11
Updated: 11/15/2018 04:38P
Virginia AG wins civil penalties, debt relief against Nevada loan company
RICHMOND, Va. (WVEC/AP) — Virginias attorney general has won civil penalties and debt relief totaling more than $50 million against a loan company in light of a lawsuit accusing it of making illegal, high-interest loans to more than 1,000 veterans
Updated: 11/15/2018 03:36P
Muncie Schools Closer To Receiving $12 Million State Loan
Muncie Community Schools is one step closer to securing a multi-million dollar loan from the state to pay back misappropriated bond money. As IPRs Stephanie Wiechmann reports, the state board overseeing the once-“distressed” district gave its approval
Updated: 11/15/2018 03:30P
Betsy DeVos sued to get rolling on student loan forgiveness
The eligible borrowers would also be reimbursed for the loan payments they already made, according to the provision. But the provision, along with a larger set of Obama-era regulations, known as the 2016 Borrower Defense Rule, has been delayed under ...
Updated: 11/15/2018 03:10P
Atlanta schools to repay $60M loan early, saving $158000 in interest
Atlanta Public Schools, which borrowed $60 million this year to cover expenses while waiting to receive tax revenue, will be able to repay that loan six weeks early. The school board authorized the loan, known as a tax-anticipation note, in August
Updated: 11/15/2018 02:44P
Bendigo Bank will offer automated home loan approvals using technology developed in Adelaide
As part of a white label agreement, the countrys fifth largest retail bank will become the first lender to offer the Tic:Toc technology under its own branding when it introduces Bendigo Bank Express to its home loan customers. Bendigo and Adelaide
Updated: 11/15/2018 02:32P
Chhattisgarh: BJP, Congress spar over loan waiver promise to farmers
The Congress promise of a loan waiver for farmers has taken centrestage ahead of the second phase of Chhattisgarh elections, with the BJP alleging that the party had failed to live up to a similar promise to farmers of Karnataka. Senior BJP officials
Updated: 11/15/2018 02:19P
World Bank withdraws £235m loan Tanzania loan over pregnant schoolgirl ban
Tanzania has lost a £235m ($300 million) loan from the World Bank after reaffirming its policy of banning pregnant girls from school. The money, a significant portion of a $500m funding package awarded in 2018, was intended to help the east African
Updated: 11/15/2018 01:49P
