The Latest Loan News and Information

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Why You Shouldn’t Worry About PPP Loan Forgiveness Yet

Since the launch of the Paycheck Protection Program, lenders, accountants, loan marketplaces, and other experts have been hearing the same question from borrowers: What do I do about loan forgiveness?

Loan Moratorium Latest News: Money relief! Diwali gift from Modi government - Amount to be credited before this date

The government had asked the lending institutions to complete the exercise of crediting the amount in the accounts of borrowers by November 5.

Here's how refinancing your student loan can 'increase your cash flow'

If you're interested in refinancing your student loan, there's one very strong incentive: historically low interest rates. You can save thousands with a student loan refinance right now. In fact, that ...

Kodak Loan Debacle Puts a New Agency in the Hot Seat

A stumbling effort to prop up the domestic generic drugs sector underscores the challenges of a Trump administration industrial policy.

New retirement bill has perks for seniors, student loan borrowers

A House bill proposed Tuesday would raise the age for required minimum distributions to 75 and let workers repaying student loans get a 401(k) match even if they're not saving in a workplace plan.

HSBC Beats Estimates as Loan Loss Expectations Pared Back

HSBC Holdings Plc beat profit estimates for the third quarter, delivering an upside surprise as it pared back expected credit losses and signaled it may resume limited dividend payments already for ...

Mission creep? Italy's bad loan manager irks rivals

AMCO, a state-backed bad loan manager, has gone from bit player to one of the leading forces in Italy's 330 billion euro ($390 billion) bad debt market in the space of three years with over 33 billion ...

ISL: Mumbai City FC Sign Japanese Midfielder Cy Goddard on Season-long Loan

Mumbai City FC secured the signing of English-born Japanese midfielder Cy Goddard ahead of the seventh season of the Indian Super League (ISL), the club announced on Tuesday. The 23-year-old joins the ...

HSBC Third-Quarter Profit Slides 35% as Bad Loan Provisions Rise

Reported pretax profit for Europe's biggest bank by assets came in at $3.1 billion for the quarter ended Sept. 30, down from $4.8 billion in the same period a year earlier. The profit was higher than ...

How Homestead Funding almost doubled its residential mortgage loan volume in 2020

When the pandemic hit, Homestead Funding Corp.'s residential lending business grew quiet and the Colonie firm, which has grown every year for the last 20 years, was not sure what to expect. "We ...

Fraudulent coronavirus loan applications going unreported

Bogus applications for coronavirus support loans in the UK have gone almost entirely unreported, with less than 0.5 per cent of the expected fraud cases being flagged to the police. Latest figures ...

Ahmed Hegazi: West Brom defender joins Al-Ittihad on loan before permanent deal

Ittihad on loan from West Brom until the end of the season, when he will sign a permanent deal with the Saudi club.