Mortgages Auto Loans

From swimming cars to rectangular steering wheels, here's what's going on at the Paris auto show

Auto giants have descended on the Paris Motor Show to showcase their latest concepts and production models.

Business - CNBC - October 15

Facebook Is Auto-Generating Militia Group Pages as Extremists Continue to Organize in Plain Sight

Ahead of the election, anti-government militias are using Facebook to recruit, coordinate training, and promote ballot box stakeouts. Meta isn’t shutting their groups down and is even ...

Tech - Wired - October 29

Grand Theft Auto, Red Dead, NBA 2K franchises post high sales in Q2 FY24

Take-Two revealed that several of its core franchises, including Grand Theft Auto and Red Dead, reached new sales milestones last quarter.

Tech - VentureBeat - November 6

What to know before refinancing your home equity loan

As interest rates drop, borrowers may want to refinance their home equity loan. Here's what they should know first.

Why home equity loan lending is rising (and what to do about it)

More and more borrowers are turning to home equity loans this year. Here's why you may want to pursue one, too.

Disaster loan program fully ‘exhausted’ with Congress still out of town

Without congressional action, the Small Business Administration can’t make new loan offers to people trying to rebuild after disasters like Hurricanes Helene and Milton.

Politics - Politico - October 15

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.

SBA 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 ...

Politics - The Hill - October 15

Klarna 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’ portfolio

Business - Financial Times - October 16

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.

Biden 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, ...

Politics - The Hill - October 17

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.

Senate 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 ...

Politics - The Hill - October 18

Thames Water bondholders fall out over emergency loan

Lower-ranking creditors complain to utility they have been cut out of restructuring negotiations

Business - Financial Times - October 18

European Parliament votes in favour of €35 billion loan for Ukraine

World - Yahoo News - October 22

G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets

The economic lifeline is expected to be disbursed by the end of the year.

Business - The New York Times - October 24

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.

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 crime

World - Financial Times - October 24

Biden 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 ...

Thames 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 nationalisation

Business - Financial Times - October 25

Court of Appeal sides with UK consumers over ‘secret’ car loan commissions

Close Brothers shares plummet after landmark ruling that puts sector at risk of redress

Business - Financial Times - October 25

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.

Business - CNBC - October 25

Biden 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.

Business - The New York Times - October 26

Chicago Blackhawks Recall Drew Commesso, Loan Isaak Phillips To Rockford

This is the first time Commesso has earned an NHL recall

Sports - Yahoo Sports - October 26

Harris 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 liability

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.

Deteriorating Loans Stress Regional Banks’ Office Building Portfolios

The commercial real estate borrowing crisis hasn’t gone away, as shown by about a dozen mid-sized banks reporting a rise in missed payments from commercial real estate borrowers.

Business - Inc. - October 29

Republicans 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 ...

Politics - The Hill - October 29

What's the home equity loan interest rate forecast for November 2024?

Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

Latest in Mortgages Auto Loans