Latest in Deteriorating Loans Stress
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Top stories - CBS News
SBA runs out of funding for disaster relief loans after Helene, Milton
The Small Business Administration offers Economic Injury Disaster Loans to businesses and people affected by disasters.October 15 -
Politics - The HillSBA disaster loan program is out of money, says Biden
President Biden said on Tuesday that a key federal program that provides disaster loans to businesses and homeowners is tapped out on funds in the aftermath of back-to-back hurricanes. Biden said ...October 15 -
Business - Financial TimesKlarna sells loans to hedge fund Elliott to free up £30bn for growth
Firm founded by US financier Paul Singer will take on risks and returns of the ‘buy now, pay later’ portfolioOctober 16 -
Top stories - CBS News
Why a HELOC is better than a home equity loan going into November
With another interest rate cut looming for November, here's why homeowners should consider a HELOC now.October 16 -
Politics - The HillBiden administration forgives student loans for 60,000 public service workers
The Biden administration announced on Thursday that it is forgiving the student loans for more than 60,000 public service workers. The move gives $4.5 billion in debt relief to teachers, ...October 17 -
Top stories - CBS News
When will home equity loan interest rates fall again?
Home equity loan interest rates are on the decline. But when, precisely, will they fall again? Here's what to know.October 17 -
Politics - The HillSenate Republicans raise questions after funds for disaster loans exhausted
A group of GOP senators are pressing the Small Business Administration (SBA) for answers after officials said its disaster loan program exhausted its funds earlier this week in the aftermath of a ...October 18 -
Business - Financial TimesThames Water bondholders fall out over emergency loan
Lower-ranking creditors complain to utility they have been cut out of restructuring negotiationsOctober 18 -
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Business - The New York TimesG7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets
The economic lifeline is expected to be disbursed by the end of the year.5 days ago -
Top stories - CBS News
What causes home equity loan interest rates to drop? And will they keep falling?
Home equity rates have dropped since the Fed's last meeting. Here's what they could do in the future, experts say.6 days ago -
World - Financial Times
Oaktree-backed bank under court administration over mafia-linked loans
Milan prosecutor says there is evidence of state-guaranteed loans given to businesses connected to organised crime5 days ago -
Top stories - ABC NewsBiden tries again at student loan cancellation, for those in financial hardship
The Biden administration is moving ahead with a new path to student loan cancellation for Americans who face steep medical bills, child care costs and other types of financial hardship that prevent ...4 days ago -
Business - Financial TimesThames Water seeks up to £3bn in emergency loans from creditors
New debt would involve 9.75% interest charges as utility group seeks to stave off nationalisation4 days ago -
Top stories - CBS News
Is a reverse mortgage or home equity loan better for seniors? Experts weigh in
Seniors have a few options for tapping into their home's equity, but certain options may be better than others.4 days ago -
Business - Financial TimesCourt of Appeal sides with UK consumers over ‘secret’ car loan commissions
Close Brothers shares plummet after landmark ruling that puts sector at risk of redress4 days ago -
Business - CNBC
These 17 factors could soon make you eligible for student loan forgiveness
The Biden Administration has outlined two pathways for student loan borrowers facing financial hardship to get debt relief.4 days ago -
Business - The New York TimesBiden Administration Floats Student Loan Relief for Borrowers Facing Hardship
The proposal, which faces tough legal prospects, would offer forgiveness to millions of borrowers who are unable to pay back their loans because of financial setbacks.3 days ago -
Sports - Yahoo Sports
Chicago Blackhawks Recall Drew Commesso, Loan Isaak Phillips To Rockford
This is the first time Commesso has earned an NHL recall3 days ago -
Top stories - ABC NewsHarris stays quiet on student loans as cancellation loses its political luster
In just a few years, the issue of student loan cancellation has gone from being a pillar of the Democratic Party to a political liability2 days ago -
Top stories - CBS News
How to get a low home equity loan rate this November
There are multiple ways borrowers can secure a low home equity loan interest rate this November. Here are three.9 hours ago -
Politics - The HillRepublicans unveil emergency bill to fund tapped-out disaster loan program
Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides disaster loans to businesses and homeowners. Sen. Thom Tillis (R-N.C.) led ...6 hours ago -
Sports - CBS SportsBiggest need for each NFL team ahead of Week 7: Aidan Hutchinson injury stresses Lions, Giants starting OT out
Jonathan Allen and Andrew Thomas were among the players added to IR this weekOctober 18 -
Business - CNBC
Harris proposes 1 million forgivable loans to Black entrepreneurs, as Trump makes inroads
Vice President Kamala Harris unveiled an "Opportunity Agenda" plan for Black men, which includes providing forgivable loans to entrepreneurs.October 14 -
Top stories - CBS News
How much does a $200,000 home equity loan cost per month now that rates are cut?
As interest rates fall, home equity loans become cheaper. Here's what a $200,000 home equity loan costs monthly now.October 14 -
Business - CNBC
Here's who would benefit from Trump's proposed tax break on car loan interest
A tax deduction on car-loan interest proposed by former president Donald Trump would likely benefit wealthier taxpayers who buy expensive cars, experts said.October 14 -
Business - CNBC
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.October 15 -
Top stories - CBS News
How much does a $15,000 home equity loan cost monthly now that rates were cut?
A home equity loan for $15,000 comes with inexpensive monthly payments now. Here's what to know.October 15 -
Top stories - NBC NewsSmall Business Administration disaster loan program exhausts funds after Hurricane Helene
The Small Business Administration said it has exhausted funds for its disaster loan program following increased demand from Hurricane Helene, with Congress being in recess.October 15 -
Top stories - CBS News
Small Business Administration pausing disaster loans, program out of money until Congress returns
The Small Business Administration has run out of the money it was using for loans to help business owners recover from Hurricanes Milton and Helene. CBS News congressional correspondent Scott ...October 16 -
Top stories - ABC NewsBiden administration has now canceled loans for more than 1 million public workers
A student loan cancellation program for public service workers has granted relief to more than 1 million Americans — up from just 7,000 who were approved before it was updated by the Biden ...October 17 -
Business - MarketWatch
Gevo stock soars on $1.46 billion DOE loan for sustainable aviation fuel plant
Shares of Gevo Inc. are climbing 38.2% in premarket trades Thursday after the renewable chemicals and biofuels company received a commitment for a $1.46 billion loan from the U.S. Department of ...October 17
