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UMB chairman says $2B acquisition of Denver-based bank will benefit St. Louis-area customers
The transaction, pending regulatory and shareholder approval, would boost UMB’s assets from $44 billion to $64.5 billion while staying at a 67% loan-to-deposit ratio, said Mariner Kemper, chairman and CEO of UMB Financial Corp......»»
PPP loan data reveals which Philadelphia-area banks did the most lending in 2021
A bank based in Berks County with just $18 billion in assets churned out more PPP loans than Chase, Wells Fargo or Bank of America......»»
2 senators launch bipartisan effort to ease student-loan forgiveness for service members
If you're a service member and you defer student loans while deployed, the government still extends your repayment time. Senators want to change that. Sen. Marco Rubio (R-FL). Getty pool Marco Rubio and Mag.....»»
NerdWallet: What you can do if your mortgage forbearance is ending
Your options, depending on the type of loan, may be extension, repayment of the past-due amount or even resuming your old payments as if nothing happened......»»
Only 32 student loan borrowers - ever - have qualified for full forgiveness through an income-driven repayment plan
Federal repayment programs were first introduced over two decades ago, but only 32 student loan borrowers have qualified for full forgiveness in the history of the program. "Our student loan system is broken," Sen. Elizabeth Warren, who supports .....»»
The Moneyist: My brother owes $10K to our late father’s estate. There’s no loan agreement and I’m executor. How should I approach repayment?
‘He feels that if he had paid this money back before dad passed, he would still get half back and, therefore, owes $5,000.’.....»»
Trustee to take control of Comfort Inn, Golden Corral near Saratoga after bankruptcy court ruling
The owners have operated the 87-room hotel and buffet-style restaurant on Old Gick Road in Wilton for two decades. They defaulted on a loan several years ago and had been working out a repayment plan when the Covid-19 pandemic hit......»»
Live Ventures announces full repayment of $24M term loan
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Identiv announces early repayment of East West Bank term loan
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
J.C. Penney struggling to find enough assets to back new loan, Bloomberg says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Portland fintech startup hires ex-investor, LinkedIn exec as revenue chief
Qualtik has built a software platform to help financial institutions and real estate funds value loan assets in real time......»»
MRC funds $102M Florida loan as state looks to reopen
Madison Realty Capital (MRC) has originated a $102 million first mortgage loan for two separate multifamily assets in South Florida, where construction has b.....»»
Boston banks face another PPP slog: ‘Round 1 was awful. Round 2 was atrocious.’
Banks around Greater Boston faced difficulties Monday pushing through loan applications in the Paycheck Protection Program’s first day back online, with executives expressing the same types of frustrations that marked the program’s initial roll.....»»
Ruth"s Chris owner to speed repayment of $20M rescue loan
Ruth's Chris owner to speed repayment of $20 million federal rescue loan.....»»
Ruth"s Chris owner to speed repayment of $20 million federal rescue loan
Ruth's Hospital.....»»
Vietjet agrees loan repayment delays with lenders
Vietjet Aviation has reached agreements with its lenders to delay repayments on loans it used to buy aircraft, the Vietnamese budget airline said on Thursday......»»
Student-loan debt can be overwhelming. BI"s Money Council is here to help, with advice on repayment, tax credits, and active planning so you can achieve your goals
Samantha Lee/Business Insider BI launched our Master your Money series in January with an overview of the financial headwinds that millennials endure by Hillary Hoffower and a gui.....»»
5 ways to borrow money, from least to most expensive
Richard Drury/Getty Images To get money in a pinch, you have options ranging from borrowing against your assets to taking out an unsecured loan. Borro.....»»
JPMorgan says now accepting applications for federal loan program
JPMorgan Chase & Co , the largest U.S. lender by assets, started accepting at Friday midday applications for loans from the federal government's paycheck protection program, according to a post on the bank's website......»»
5 things to know about federal student loan forbearance during the coronavirus crisis
Eric Raptosh Photography/Getty Images Federal student loan repayment is being suspended automatically for all borrowers until September 30, 2020. If you want to keep paying, you'll have to call. You can opt back into forbearance later, if you n.....»»