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Latest Loan/Mortgage News

Student Loan Provider MPower Financing Lands $110M Raise
Employees at a D.C.-based student loan provider might have some well-stuffed stockings. MPower Financing has raised $10 million in its largest funding round to date, along with $100 million for financing student loans for U.S. universities. The
Updated: 11/28/2018 03:36P

Higher Education Loans Board goes for guarantors to recover student loans
The Higher Education Loans Board (HELB) has started contacting guarantors of beneficiaries who have defaulted in servicing their education loans and also warned the debt might be recovered from them. The communication sent inform of texts messages ...
Updated: 11/28/2018 01:45P

Senate Probes $500m Loan Obtained By Yahaya Bello Without Approval
The Senate has directed the Committee on Local and Foreign Debt to look into the loan of $500million allegedly obtained by Yahaya Bello, Governor of Kogi State, without approval. The point of order was raised by Dino Melaye, the senator representing
Updated: 11/28/2018 01:40P

Albany to move forward with $18.3 million meter loan
ALBANY — The Albany City Commission voted Tuesday night to move forward with the application process for an $18.3 million loan that will help finance the citys $20.8 million advanced metering infrastructure project. The commission could vote at its Dec.
Updated: 11/28/2018 01:32P

Skip a loan payment for a good cause
Skipping a loan payment sounds good during the holiday season! And this year America First Credit Union is inviting members to do just that. Skipping a loan payment will actually help fund the Warm the Soles of Kids initiative, which provides shoes
Updated: 11/28/2018 01:26P

Ex-loan official starts organization to help student borrowers
NEW YORK (AP) — A former top government official who oversaw the $1.5 trillion student loan market has decided to start a new private organization that he believes will do a better job protecting student borrowers than his current government counterparts.
Updated: 11/28/2018 01:04P

Russian bank expunges mention of $12 billion loan to poor African state
MOSCOW (Reuters) - Russian lender VTB on Wednesday revised its data on exposure to foreign borrowers to remove reference to a $12 billion loan to Central African Republic (CAR) which it said had been entered due to a clerical error. The mention of the ...
Updated: 11/28/2018 12:36P

You were right to take out student loans, says author of I Will Teach You To Be Rich
Total student debt in the U.S. is up over $1.5 trillion and 2017 graduates who took out loans to attend college have an average of $28,650 in debt, according to the most recent report on student loan borrowing from the Institute for College Access
Updated: 11/28/2018 12:08P

Former govt. student loan official opens new organization
NEW YORK – A former top government official who oversaw the $1.5 trillion student loan market is starting a new organization that he hopes will do a better job protecting student borrowers than his current government counterparts. Seth Frotman was
Updated: 11/28/2018 11:33A

Fuel retailer bet big on green energy with easy loans
Since then, IndianOil, which holds sway over nearly half of Indias fuel retail market, has been driving its dealers to switch to green power by arranging easy loans through a tie up with SBI and other assistance. Bharat Petroleum and Hindustan
Updated: 11/28/2018 11:30A

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