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Latest Loan/Mortgage News

AP Exclusive: Audit points to deceptive practices by Navient
The Department of Education said withholding the report was intentional, repeating the argument it has made in court and in public that only it has jurisdiction over student loan servicing issues, through its Federal Student Aid division, or FSA, which
Updated: 11/20/2018 02:18P

Student loan debt still crippling burden for millions of Americans
According to the Department of Education, 42.2 million Americans were repaying a federal student loan at the end of June 2018 for a total sum of nearly $1.5 trillion, the largest volume of debt after home loans. Bloomberg, the former mayor of New York
Updated: 11/20/2018 12:36A

Here Are Four Ways to Handle Debt Forgiveness That Even Mushy Centrists Might Like
Thats because just under half of the countrys outstanding student loan balance is held by the highest-earning 25 percent of households in which the adults are age 25 or older. About a quarter belongs to the top 10 percent of households, whose incomes
Updated: 11/19/2018 10:38P

Jobless need not repay education loan: Nitish Kumar
It may be mentioned here that under the Students Credit Card scheme, girls, transgenders and students with disabilities are provided education loan up to Rs 4 lakh at only 1% interest, while other students will have to pay 4% interest for pursuing
Updated: 11/19/2018 08:48P

Elon Musks SpaceX Is Said to Cut Loan Deal by $500 Million ...
SpaceX slashed the size of the leveraged loan it is seeking by $500 million, according to people with knowledge of the matter, the latest twist in a saga that had ...
Updated: 11/19/2018 06:25P

Blackstone lands $269M loan for acquisition of Parker Towers
The Blackstone Group is financing its $500 million acquisition of the Parker Towers housing complex in Queens with a $269.1 million mortgage from Newmark Knight Frank, public records show. The mortgage includes an existing loan of $165 million and new ...
Updated: 11/19/2018 06:25P

Biz Buzz: Lee Enterprises announces early repayment of 1st lien term loan
Lee Enterprises, the parent company of the Napa Valley Register and a provider of news, information and advertising in 49 markets nationwide, announced that the company has repaid, in full, the $250 million 1st Lien Term Loan issued in March 2014.
Updated: 11/19/2018 06:19P

Govt and RBI break the ice as central bank agrees to help ease lending to small business
At the nine-hour board meeting, one of the longest in recent years, the RBI agreed to work out a loan restructuring scheme for SMEs for a loan exposure of up to Rs 25 crore in line with the advice of the board. The board advised that the scheme should
Updated: 11/19/2018 06:10P

Charlie Adam wants Rangers return as he admits hes eyeing January loan deal
Charlie Adam would love a Rangers reunion with former Liverpool team-mate Steven Gerrard, as he targets a New Year return to Scottish football. The ex-Rangers midfielder will demand that current club Stoke City let him out on loan when the January ...
Updated: 11/19/2018 05:30P

Navigating Construction Loans, Part 3
The first two parts of this series highlighted how lenders structure construction loans to mitigate the inherent risks, the guarantees that lenders typically require, and how borrowers can best protect their interests throughout the lending process
Updated: 11/19/2018 03:49P

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