Saturday 26 January 2013

Senators Introduce Legislation to Address Private Student Loans


Home-Equity Loans Heat Up
Wall Street Journal
Overall, the number of home-equity loans originated increased by 19% in the fourth quarter versus the same period a year earlier, according to Equifax's National Credit Trends Report, while home-equity-line-of-credit originations jumped by 13%. There ...
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Wall Street Journal

Europe's Banks to Pay Some 3-Year Loans Early
New York Times
The cheap loans provided a life raft for the region's banking sector, which ran into difficulty in the Continent's debt crisis. During the period of uncertainty, financial institutions refused to lend to one another. Many feared the banks, particularly ...
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New York Times

Loans for Fixer-Uppers
CNBC.com
The Federal Housing Administration's 203(k) program provides for loans that cover purchase and renovation costs for single-family homes and multi-families with up to four units. The total loan amount is based on the property's appraised value once the ...
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CNBC.com

Senators Introduce Legislation to Address Private Student Loans
Washington Monthly (blog)
[Illinois Senator Dick] Durbin introduced the Fairness for Struggling Students Act, which would move the country back to pre-2005 standards and allow private student loans to be discharged in bankruptcy like any other loan. Federal student loans have ...
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Federal Rep: Businesses Eligible for Loans to Cover Sandy Losses
Patch.com
While Assemblyman Fred Thiele Jr. reminded Patch readers of the Jan. 28 deadline to apply for Federal Emergency Management Agency assistance for Hurricane Sandy damage, a federal representative of the U.S. Small Business Administration reminded a ...
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Business loans, grants still available through Herkimer Co. IDA
Herkimer Evening Telegram
Individual applicants will be eligible for grants up to $2,000 and matching loans up to $2,000 for businesses — which include agriculture businesses — that have been open for at least a year. Eligible businesses also must provide equity or capital of ...
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