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Latest Loan/Mortgage News

Happy Loans uses digital data from wallets, PoS to disburse SME loans
With a unique selling proposition (USP) of loan disbursements within 60 seconds and collection of digital transaction data of the merchants through aggregators such as wallets and PoS machine, a Mumbai-based fintech, Happy Loans disburses loans of ...
Updated: 11/28/2018 10:27A

Sears has won court approval for an additional $350 million bankruptcy loan
Cyrus loan replaced a similar deal Sears reached earlier this month with Great American Capital Partners, a financial firm affiliated with liquidation specialist Great American Group and financial services firm B. Riley Financial Inc. Cyrus offered
Updated: 11/28/2018 10:05A

Sears to stay open through holidays with $350M loan
Struggling retailer Sears received approval on Tuesday for a $350 million loan, which will keep the bankrupt department store chain operating through the holidays, according to Reuters. Continue Reading Below. The funding, which was approved during a ...
Updated: 11/28/2018 10:04A

Lapses in crop loan waiver wont be tolerated: CM Kumaraswamy
BENGALURU: Taking serious note of middlemen trying to fleece farmers who apply for crop loan waiver, Chief Minister H D Kumaraswamy on Tuesday instructed the Deputy Commissioners of all the districts to take effective measures to eliminate the menace.
Updated: 11/27/2018 11:47P

If farm loan waiver a handout, look at handouts to industry: Varun Gandhi
Indias fiscal pundits have been quick to decry loan waivers. Many people say this is a handout but look at it vis-a-vis the handouts that have been given to industry over the years. If you look at the current NPA crisis, its not because of farmers
Updated: 11/27/2018 10:11P

New Yorkers drowning in student loan debt
Frotman resigned from his federal position a few months ago in protest of the White Houses stance on student loan debt. He came before two Assembly committees on Tuesday to say that rising student loan debt is a national crisis that needs to be addressed.
Updated: 11/27/2018 09:45P

DeVos decries student-loan program as a looming crisis
“Our higher ed system is the envy of the world, but if we, as a country, do not make important policy changes in the way we distribute, administer and manage federal student loans, the program on which so many students rely will be in serious jeopardy
Updated: 11/27/2018 08:23P

Trump officials announce $450 million loan for new California reservoir project
Trump administration officials were in California on Tuesday to announce a $450 million loan for the Sites Reservoir project in Colusa County. The money will be used to build a tunnel to carry water from the Glenn-Colusa Canal to an existing reservoir
Updated: 11/27/2018 06:57P

With federal abdication, calls for state regulation of student loan industry amid debt crisis
“These borrowers are hurting,” said Seth Frotman who resigned as the federal ombudsman in August over what he said was the White Houses hostility toward regulating student loan servicers. A holdover from the Obama administration, Frotman said U.S. ...
Updated: 11/27/2018 06:31P

Norwich duo Phillips and Power set to join Dordrecht on loan
Young Norwich City duo Adam Phillips and Simon Power look set to leave the club to join FC Dordrecht on loan in January. According to claims from the Netherlands, the promising pair will complete temporary switches away from Carrow Road as they go in ...
Updated: 11/27/2018 06:20P

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