A combined strategy of a tuition cap and a student loan borrowing limit will help stem the rise of tuition costs over time.
Loan approvals went on hold when the SBA reached its $18.75 billion annual limit for loan guarantees
Unless lawmakers raise the $18.75 billion limit, entrepreneurs won't be able to seek new loans from the Small Business Administration's lending program.
New York Times, Judges Rebuke Limits on Wiping Out Student Loan Debt: [A judicial ruling has] ruling captured the attention of other judges and legal scholars because of a judge’s bluntly worded written opinion that rebuked the widely adopted hardship standard used to determine whether a [student loan] debtor is...
Erasing student loans requires proof that paying the debt would cause “undue hardship,” and some judges think the rigid standard should be reconsidered.
The head of the Greek Banks Union just admitted that Greece's ATMs will run dry by Monday unless Europe steps in and loans it more cash. Strict capital controls were introduced in Greece last weekend limiting people to withdrawals of...Show More Summary
Fannie Mae and Freddie Mac set conforming loan limits for the country. The complete 2015 loan limits, plus a lookup chart by U.S. county. Analysis and live rates. Click for the complete post : 2015 Conforming Mortgage Loan Limits For Loans Via Fannie Mae And Freddie Mac.
By Edith Fishta It’s slim pickings for leveraged loan investors, as the flow of new issue loans has dried up in recent months and left investors to compete over a limited supply in the secondary market. That in turn creates a dynamic somewhat unique to the corporate leveraged loan market: lenders allow loan [...]
Unusual faith coalition calls on Congress to limit payday loans Opponents of payday lending have a new ally in the fight against predatory lenders. Leaders from the 15.7-million member Southern Baptist Convention (SBC). “We cannot sit...Show More Summary
Rangers enter a £1.5m loan agreement with Dave King's New Oasis Asset Limited as he becomes chairman.
While some real estate industry stakeholders are focusing on the challenge of finding ways to extend loans to borrowers with limited credit histories — giving markets like housing a much-needed boost — the Consumer Financial Protection Bureau (CFPB) is doing its part to give financial regulators, lenders and industry participants more insight into the problem...
Real estate website Lamudi Pakistan is now offering a loan calculator to help property-seekers with home financing. Lamudi has collaborated with Dubai Islamic Bank Private Limited (DIBPL) to help customers calculate the cost of a mortgage. Show More Summary
Last week, we witnessed a rather dramatic sell-off in German Bunds. The rout was attributable to a confluence of factors including, but not limited to, data which appeared to show that euro loans to the private sector rose for the first...Show More Summary
Think your student loans will keep you from getting a mortgage? Maybe not. SoFi is a new kind of lender for successful college grads. If you're a financially responsible young professional, SoFi offers a mortgage with lower down payments...Show More Summary
Making money by taking out a loan sounds tempting and is theoretically possible, but it’s probably best to stay out of the fray in Europe.
SACRAMENTO — California lawmakers again are taking action to curb abuses in financing used car sales with Buy Here Pay Here loans.
USDA has released new income limits effective April 1, 2015. USDA offers a no-down payment mortgage program which is available in rural areas (typically a town with population of 10,000 or less). USDA does not have loan limits, the program is limited by household income and if the property is in a USDA designated location. […]
Kennedy Offers Amendment to Increase Fed. Loan Limits Lawsuit Alleges Online University Bilked Billions from Ed Dept. Two Companies Announce End to Controversial Loan Programs Kennedy Offers Amendment to Increase Fed. Loan Limits While...Show More Summary
The new loan from Citizens Financial is aimed at parents who want to limit the debt their offspring take on.
Recent examples of macroprudential meddling in mortgages reveal some unintended consequences.