Sunday, May 26, 2024
The Senate issued its final ruling on Wednesday, March 11, 2020, on the Student Loan Forgiveness Program. The initiative proposed by Education Secretary Betsy DeVos initially intended to limit the student debt relief extended to individuals misled by for-profit...
For the first time in nearly three years, mortgage lenders in the U.S. turned optimistic about profits in the second quarter as falling interest rates led to a surge in demand for home loans, a recent Fannie Mae survey...
The Securities and Exchange Commission (SEC) recently moved to shut down 11 more mobile lending applications in the Philippines. The decision to close down these apps follows after numerous complaints against the companies involved. According to ABS-CBN News, 11 institutions...
In a historic move, the United States Department of Agriculture (USDA) will start paying off agricultural loans given to minority farmers, reported The Washington Post. The relief is part of the pandemic relief law and will cover up the...
Following requests from the Securities and Exchange Commission, the Central Bank of the Philippines is now mulling over the possibility of providing an interest cap for lending and financing institutions within the country. Last Monday, October 28, 2019, Chairman Emilio...
Developing financial technology facilitated the operations of digital lenders in Kenya. With the success of digital lenders, more and more Kenyans have access to additional, albeit borrowed funds. Quartz Africa said that this led to the creation of a...
Amazon recently launched the company’s new lending service in China. The program titled Lending Referral Program is slated to connect sellers to a lending entity within China. This breaking news follows Amazon’s decision to close its marketplace in the country,...
The lender firm Figure Technologies announced December 5, that it closed a $103-million Series C funding led by Morgan Creek Digital. The company’s new and existing funding from investors reached a total of $225 million, bringing its valuation to $1.2...
Former Citadel traders who formed a property lending company got a credit facility boost worth €100 million or $120 million from Goldman Sachs Group Inc. Co-founder Matt Calner revealed how the firm will push through its business ambitions with the...
The Congress and the Trump administration are still in dispute about the billion-dollar proposed funding for the United States and Mexico border. Considering these talks, The Guardian reports that in December 2018, the US federal government has officially shut...

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