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The National Observer: These companies joined the SBA"s $5M club

In this edition of The National Observer, we look at why the SBA's $5 million club is getting even more crowded, share our new List of the largest SBA loan recipients and explore fallout from a health care giant's bankruptcy......»»

Category: topSource: bizjournalsMay 9th, 2024

Federal Home Loan Bank of San Francisco names Alanna McCargo CEO

From the San Francisco Business Times: The Federal Home Loan Bank of San Francisco on Wednesday named Alanna McCargo president and CEO of the financial institution, succeeding Teresa Bryce Bazemore, who is retiring later this year. McCargo most .....»»

Category: topSource: bizjournalsMay 8th, 2024

Key student-debt relief programs are at risk if Congress doesn"t boost Education Department funding, 25 Democratic lawmakers say

Following a botched FAFSA rollout and rocky return to student-loan repayment, Elizabeth Warren is calling for more cash for Federal Student Aid. Sen. Elizabeth Warren.Kevin Dietsch/Getty ImagesSen. E.....»»

Category: topSource: businessinsiderMay 8th, 2024

US hospital network Steward files for bankruptcy, aims for new loan

US hospital network Steward files for bankruptcy, aims for new loan.....»»

Category: topSource: yahooMay 7th, 2024

Tri-County Mall developers agree to sale, get 30 days to repay $28M loan

The developers who bought Tri-County Mall with plans for a $1.3 billion mixed-use conversion now have until the end of May to pay off a $28.2 million loan they defaulted on last year......»»

Category: topSource: bizjournalsMay 6th, 2024

Where Is "Growth" Coming From? Fed Says Banks Tighten Credit Standards While Loan Demand Drops Further

Where Is "Growth" Coming From? Fed Says Banks Tighten Credit Standards While Loan Demand Drops Further The first quarter Fed's Senior Loan Officer Opinion Survey (SLOOS) - the one place where every th.....»»

Category: personnelSource: nytMay 6th, 2024

List Extra: Residential mortgage lenders process billions in loans

San Antonio residential mortgage lenders processed almost $2 billion in loans last year, with some loan officers closing almost $100 million individually......»»

Category: topSource: bizjournalsMay 4th, 2024

What Blackstone"s Huge Office Mortgage Write-Off Really Means

The loan charge-offs are starting to pile up........»»

Category: topSource: redinewsMay 4th, 2024

Biden"s new student-loan forgiveness plan has already received over 24,000 comments. There are 2 weeks left to give the administration input.

The Education Department plans to begin implementing Biden's new student-debt cancellation plan this fall, and anyone can provide input on the relief. U.S. President Joe Biden.Chip Somodevilla/Getty ImagesThere are two weeks left.....»»

Category: worldSource: nytMay 3rd, 2024

LendingTree Inc (TREE) (Q1 2024) Earnings Call Transcript Highlights: Robust Growth and ...

Discover how LendingTree Inc (TREE) achieved significant growth in its insurance and consumer segments, and secured a major new loan commitment in the first quarter of 2024.Related Stocks: TREE,.....»»

Category: blogSource: gurufocusMay 2nd, 2024

Apollo Commercial Real Estate Finance Inc (ARI) (Q1 2024) Earnings Call Transcript Highlights: ...

Despite a GAAP net loss, ARI maintains a steady dividend and sees potential in strategic capital deployment and loan repayments.Related Stocks: ARI,.....»»

Category: blogSource: gurufocusMay 2nd, 2024

Redwood Trust Inc (RWT) (Q1 2024) Earnings Call Transcript Highlights: Strong Performance and ...

Discover how Redwood Trust Inc achieved significant growth in Q1 2024, with increased earnings, strategic loan extensions, and robust investment activities.Related Stocks: RWT,.....»»

Category: blogSource: gurufocusMay 2nd, 2024

Credit Acceptance Corp (CACC) (Q1 2024) Earnings Call Transcript Highlights: Key Financial ...

Insights into adjusted earnings, loan portfolio growth, and strategic capital deployment amidst evolving market conditions.Related Stocks: CACC,.....»»

Category: blogSource: gurufocusMay 2nd, 2024

Done Deals: Bellwether District goes vertical; Northeast Philadelphia project secures $100M construction loan

Recent real estate news in the Philadelphia area includes a milestone for the Bellwether District and a $100 million construction loan for a Northeast Philadelphia industrial project......»»

Category: topSource: bizjournalsMay 1st, 2024

Illinois pot businesses could gain tax benefits, easier loan access under DEA reclassification

Cannabis company owners in Illinois welcomed the news that the federal government is expected to reclassify marijuana as a drug with medicinal value and lower potential for abuse. .....»»

Category: topSource: chicagotribuneMay 1st, 2024

317,000 student-loan borrowers are getting $6.1 billion in debt canceled after being misled about career prospects and how much money they could make after graduation

Student-loan borrowers who enrolled at any Art Institute campus from January 1, 2004, to October 16, 2017, will receive .....»»

Category: smallbizSource: nytMay 1st, 2024

The deadline to consolidate some student loans to receive forgiveness is here. Here’s what to know

Borrowers with some types of federal student loans have until today to consolidate their loans to qualify for full student loan ca.....»»

Category: topSource: chicagotribuneApr 30th, 2024

Hialeah self-storage facility project receives $18 million loan

A regional bank provided the construction financing......»»

Category: topSource: bizjournalsApr 30th, 2024

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......»»

Category: topSource: bizjournalsApr 29th, 2024

More than 1 million student-loan borrowers could soon be transferred to a new company after their servicer requested a lighter load, the Education Department says

The Education Department agreed to student-loan company MOHELA's request to transfer so.....»»

Category: topSource: businessinsiderApr 29th, 2024