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  • Financial Affairs

    Florida man uses COVID-19 PPP loan to buy Lamborghini Huracan sports car

    By Mable A. Houston
    March 9, 2021
    FLORIDA. (WCTV) – On Wednesday, a Florida man was arrested on charges of fraudulently obtaining $ 3.9 million in Paycheck Protection Program loans and ...
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  • Financial Affairs

    How to Balance the Funding Chances of Women-Owned and Minority-Owned Businesses

    By Mable A. Houston
    March 9, 2021
    As Congress deliberates on the next round of COVID-19 help, many businesses still grapple with the shock and hardship they faced when they first ...
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  • Financial Affairs

    Here’s the ‘secret’ way to get student loan forgiveness from the new coronavirus stimulus program

    By Mable A. Houston
    March 9, 2021
    President Donald Trump (Photo by Drew Angerer / Getty Images) Getty Images New $ 2 trillion coronavirus stimulus legislation offers no student loan forgiveness. ...
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  • Financial Affairs

    Government lowers loan limit for debt collection for NBFCs with asset size of Rs 100cr

    By Mable A. Houston
    March 9, 2021
    Finance Minister Nirmala Sitharaman on Monday reduced the value of loans that can be introduced for debt collection under the SARFAESI law to Rs ...
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  • Financial Affairs

    China maintains stable LPR loan benchmark for fifth consecutive month

    By Mable A. Houston
    March 9, 2021
    FILE PHOTO: The Chinese national flag flies at half mast at the headquarters of the People’s Bank of China, the central bank (PBOC), as ...
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  • Financial Affairs

    The financial tactics this woman used to pay off $ 150,000 in six years

    By Mable A. Houston
    March 9, 2021
    When financial reporter Janet Alvarez left business school in 2011, she was buried under a $ 150,000 mountain of student loans and medical debt. ...
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  • Financial Affairs

    PPP Loans: The Problems Small Businesses Face Getting Help

    By Mable A. Houston
    March 9, 2021
    After dinner one April evening, as I was digging through leftover vegetable stir fry from a skillet in my kitchen sink in rural Iowa, ...
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  • Financial Affairs

    Definition of loan rating

    By Mable A. Houston
    March 9, 2021
    What is loan rating? The loan rating is a classification system that involves assigning a quality score to a loan based on the quality ...
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  • Financial Affairs

    The latest in PPP loan forgiveness news: what finance executives need to know

    By Mable A. Houston
    March 9, 2021
    In the face of the COVID-19 global health event, governments around the world have adopted fiscal and monetary stimulus measures to address the recent ...
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  • Financial Affairs

    Protecting student loan borrowers and their families

    By Mable A. Houston
    March 9, 2021
    By Asha Banerjee The data show that in 2018, more than six in ten seniors had an average of $ 29,200 in student loan ...
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  • Financial Affairs

    Recognition uncertain: tax deduction denied and PPP loan forgiveness | Tonkon Torp LLP

    By Mable A. Houston
    March 9, 2021
    Pursuant to the CARES Act, PPP loans granted to affected borrowers were potentially eligible for remission without forgiveness of debt income. To be eligible, ...
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  • Financial Affairs

    TN CM Announces 12,110 Crore Crop Loan Waiver

    By Mable A. Houston
    March 9, 2021
    Ahead of the next assembly polls, Tamil Nadu Chief Minister Edappadi K. Palaniswami on Friday announced that the state government would waive outstanding crop ...
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  • Financial Affairs

    JC Flowers invests mainly in iLendingDIRECT, a leader in auto loan refinancing

    By Mable A. Houston
    March 9, 2021
    NEW YORK, February 2, 2021 / PRNewswire / – JC Flowers & Co. LLC (“JC Flowers”), a leading private investment firm dedicated to global ...
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  • Financial Affairs

    Budget will help Cumbrian businesses survive coronavirus pandemic, chamber of commerce says

    By Mable A. Houston
    March 9, 2021
    The Cumbria Chamber of Commerce says Rishi Sunak’s budget will help businesses in the county survive the coronavirus pandemic and encourage them to invest ...
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  • Financial Affairs

    Senator Tom Cotton – A staunch ally of Trump – tells the president to give in and “stop deceiving” the Americans

    By Mable A. Houston
    March 9, 2021
    Top line Senator Tom Cotton (R-Ark.), One of President Donald Trump’s closest allies, called on the president to concede the election after his supporters ...
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  • Financial Affairs

    How Smaller Businesses Cope with Uncertainty

    By Mable A. Houston
    March 9, 2021
    With so much uncertainty caused by the coronavirus, small business owners must make tough decisions about how to pay the bills. “Damn, we’ve got ...
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  • Financial Affairs

    Eligibility, fees and how to apply

    By Mable A. Houston
    March 9, 2021
    HDFC Bank offers a moratorium of up to two years to retail borrowers under the loan restructuring program approved by the Reserve Bank of ...
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  • Financial Affairs

    Colorado issues safe harbor for bank / fintech lending programs

    By Mable A. Houston
    March 9, 2021
    Wednesday August 19, 2020 The Administrator of the Colorado Uniform Consumer Credit Code (an agent of the Office of the Attorney General of Colorado) ...
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  • Financial Affairs

    Oman seeks $ 2 billion bridging loan, source confirms LPC

    By Mable A. Houston
    March 9, 2021
    DUBAI, July 3 (Reuters) – Oman seeks a $ 2 billion bridging loan from international and regional banks, a source familiar with the matter ...
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  • Financial Affairs

    Why Walmart is betting on the bank

    By Mable A. Houston
    March 9, 2021
    Financial Services Updates Sign up for myFT Daily Digest to be the first to know about financial services news. What exactly does Walmart do? ...
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  • Financial Affairs

    Breakdown of the loan portfolios of the largest American banks

    By Mable A. Houston
    March 9, 2021
    The five largest US banks have a combined loan portfolio of nearly $ 3.8 trillion, which represents 40% of the total loans made by ...
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  • Financial Affairs

    What shapes sponsor debt decisions for 2021?

    By Mable A. Houston
    March 9, 2021
    SECURITIES Leverage loan issuance for European LBOs down 6% year-on-year High Yield LBO issues, on the other hand, were up 39% over one year ...
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  • Financial Affairs

    Springfield Water and Sewer Commission expects $ 251 million federal loan for major improvement projects

    By Mable A. Houston
    March 9, 2021
    SPRINGFIELD – The United States Environmental Protection Agency has called on the Springfield Water and Sewer Commission to apply for a low-interest loan of ...
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  • Financial Affairs

    Small business loan program discriminated against women and minorities: lawsuit

    By Mable A. Houston
    March 9, 2021
    FILE PHOTO: A woman sits alone on a park bench looks at the sky after sunset in Encinitas, California, United States October 7, 2019. ...
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  • Financial Affairs

    Why is Alaska a loser on SBA disaster loans? Here is a clue.

    By Mable A. Houston
    March 9, 2021
    Map of the United States via Arts.gov No state has fared worse than Alaska in receiving COVID-19 disaster loans from the Small Business Administration. ...
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  • Financial Affairs

    Horizon Technology Finance grants $ 5 million loan to Corinth MedTech

    By Mable A. Houston
    March 9, 2021
    FARMINGTON, Connecticut., December 29, 2020 / PRNewswire / – Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”), a leading specialty finance company that provides capital ...
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  • Financial Affairs

    Will your child be returning to school this fall?

    By Mable A. Houston
    March 9, 2021
    Getty Getty Will your child be returning to school this fall? Here’s what you need to know. Will schools open this fall? This is ...
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  • Financial Affairs

    Student feels wave of financial hardship amid pandemic – The Daily Evergreen

    By Mable A. Houston
    March 9, 2021
    Parents of WSU seniors quit their jobs due to high risk of COVID-19; a student left with a bill for $ 4,000 to pay ...
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  • Financial Affairs

    Novartis (NVS) obtains CRL from FDA for cholesterol drug

    By Mable A. Houston
    March 9, 2021
    Novartis AG NVS announced that the FDA has issued a Complete Response Letter (CRL) regarding its New Drug Application (NDA) for the cholesterol drug ...
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  • Financial Affairs

    China’s leading self-developed memory chip maker secures funding – China Money Network

    By Mable A. Houston
    March 9, 2021
    China’s first self-developed memory chip project has received financial support, but it is uncertain whether the project can meet its technological and financial goals. ...
    Read More
  • Financial Affairs

    United focuses once-bought HAP Trevyent program on rival acquisition after FDA comments – Endpoints News

    By Mable A. Houston
    March 9, 2021
    About three years later acquire SteadyMed and its investigational pulmonary arterial hypertension drug Trevyent, United Therapeutics decided to put the program to the curb. ...
    Read More
  • Financial Affairs

    AG Kaul Joins Multi-State Coalition to Support Cancellation of Up to $ 50,000 in Student Loan Debt

    By Mable A. Houston
    March 9, 2021
    February 22, 2021 3:55 PM Posted: February 22, 2021 3:55 PM MADISON, Wisconsin – Attorney General Josh Kaul has joined a multi-state coalition supporting ...
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  • Financial Affairs

    USDA debt relief for minority farmers a certainty

    By Mable A. Houston
    March 9, 2021
    In just one month, a $ 4 billion debt relief proposal for black farmers and other socially disadvantaged farmers went from a newly introduced ...
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  • Financial Affairs

    Bayern Munich, USMNT defender Richards joins Hoffenheim on loan

    By Mable A. Houston
    March 9, 2021
    USMNT defender Chris Richards joined Hoffenheim from Bayern Munich on a six-month loan. Richards, 20, has made three top-level appearances for Bundesliga champions Bayern ...
    Read More
  • Financial Affairs

    Celebrate July 4th by taking 5 steps to financial freedom

    By Mable A. Houston
    March 9, 2021
    Getty July 4th is a time to celebrate America’s independence and the freedoms we enjoy as citizens of this country. But in “the land ...
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  • Financial Affairs

    Columbus police officer’s body camera video shows delay in rendering aid for Andre ‘Hill

    By Mable A. Houston
    March 9, 2021
    Camera footage worn on Constable Adam Coy’s body shows minutes elapsing before Hill was helped. COLUMBUS, Ohio – Camera video worn on the body ...
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  • Financial Affairs

    Mother and son raise money to avoid evictions

    By Mable A. Houston
    March 9, 2021
    CINCINNATI – For Ellen Strickland, her Butler County condo was meant to be a new beginning. She had gone through a difficult divorce, a ...
    Read More
  • Financial Affairs

    Loan watch | Sarkic benefits greatly from Shrews loan

    By Mable A. Houston
    March 9, 2021
    Sarkic, who joined Wolves from Aston Villa last summer, teamed up with the Ligue 1 squad on a one-season loan in September, in a ...
    Read More
  • Financial Affairs

    Will I be taxed on my PPP loan?

    By Mable A. Houston
    March 9, 2021
    Text size Illustration by Martin Gee Unlike most canceled debts, loans remitted under the Paycheck Protection Program are not considered taxable income at the ...
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  • Financial Affairs

    New loan to help small businesses adapt and survive amid pandemic | Rexburg

    By Mable A. Houston
    March 9, 2021
    With federal COVID-19 pandemic relief programs expiring and what could be a tough winter season on the way, MoFi is launching Thrive, a new ...
    Read More
  • Financial Affairs

    The mortgage sub-sector is quickly adjusting to the ‘next normal’ – Simon

    By Mable A. Houston
    March 9, 2021
    Executive Director, Credit & Enterprise Risk Management, Brent Mortgage Bank Limited, Ms. Adeola Simon, in this interview with NIKE POPOOLA, discusses how Nigeria’s mortgage ...
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  • Financial Affairs

    State dollars can help agriculture, but new regulatory proposals get more attention

    By Mable A. Houston
    March 9, 2021
    The Newsom administration has proposed new programs that could ease reporting requirements for farmers, help farmers adapt to emerging drought conditions and provide technical ...
    Read More
  • Financial Affairs

    Disney’s ‘Raya and the Last Dragon’ sparks mixed reactions over Asian portrayal

    By Mable A. Houston
    March 9, 2021
    Disney’s new trailer for “Raya and the Last Dragon” has generated mixed reactions regarding the Asian portrayal. the new trailer for the upcoming animated ...
    Read More
  • Financial Affairs

    How to Avoid Federal Criminal and Civil Penalties Related to P3 Loan Applications

    By Mable A. Houston
    March 9, 2021
    shutterstock.com The Small Business Administration (SBA) Paycheck Protection Program (PPP) is a forgivable loan program created by the CARES (Coronavirus Aid, Relief, and Economic ...
    Read More
  • Financial Affairs

    With the Origence mortgage platform, lenders can tailor their lending experience to meet the needs of borrowers

    By Mable A. Houston
    March 9, 2021
    Technology has made many aspects of everyday life smoother than ever, with instant, easy and personalized consumer experiences; however, granting loans is still difficult. ...
    Read More
  • Financial Affairs

    Investment trends – ESG growth and momentum in 2021

    By Mable A. Houston
    March 9, 2021
    Environmental, social and corporate governance has been a priority in recent years, but 2020 has seen a surge in attention in boardrooms, in the ...
    Read More
  • Financial Affairs

    Kelly Preston, actor and wife of John Travolta, dies at 57

    By Mable A. Houston
    March 9, 2021
    LOS ANGELES (AP) – Kelly Preston, who starred a dramatic and comedy flick with actors ranging from Tom Cruise in “Jerry Maguire” to Arnold ...
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  • Financial Affairs

    Baradaran close to locked for OCC

    By Mable A. Houston
    March 9, 2021
    Editor’s Note: Morning Money is a free version of the POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers every morning ...
    Read More
  • Financial Affairs

    Legendary actor Soumitra Chatterjee’s health improves

    By Mable A. Houston
    March 9, 2021
    Legendary actor Soumitra Chatterjee’s health improved a lot on Saturday and he speaks a little while recognizing people and identifying their voices, said a ...
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  • Financial Affairs

    Podcasting is booming. Will Hollywood help or harm its future?

    By Mable A. Houston
    March 9, 2021
    For 20 to 30 minutes each week, “What i watchPresents Cross calmly describing random objects – his shoes, an apple, a box of toothpicks ...
    Read More
  • Financial Affairs

    Lesser-known facts about the legendary actor turned politician

    By Mable A. Houston
    March 9, 2021
    NT Rama Rao, also known as Sr. NTR, was a successful actor and director before entering politics. He was Chief Minister of Andhra Pradesh ...
    Read More
  • Financial Affairs

    Rocky character overhaul (if done today)

    By Mable A. Houston
    March 9, 2021
    The very notion of rebooting, remaking, or even reinventing a movie is always a tricky and temperamental thing to try. Even the idea of ...
    Read More
  • Financial Affairs

    Russian banks face conundrum of ‘dirty’ borrowers as ESG adoption tightens

    By Mable A. Houston
    March 9, 2021
    Three stray dogs with bright green fur polluted with an unknown poison in Podolsk, about 35 km from central Moscow, on February 18.Source: Getty ...
    Read More
  • Financial Affairs

    UK expands open banking footprint

    By Mable A. Houston
    March 9, 2021
    Share Tweet Share Share Share E-mail More countries around the world are following in the footsteps of UK open banking, but now the UK ...
    Read More
  • Financial Affairs

    Elon Musk finances 95% of the sale price of Gene Wilder House so that the actor’s nephew can buy it

    By Mable A. Houston
    March 9, 2021
    Earlier this year, Elon Musk shocked the internet by announcing that he would sell his Bel Air estates in part to offload his material ...
    Read More
  • Kids' Shoes

    Nigeria’s boarding schools have become a hunting ground for kidnappers

    By Mable A. Houston
    March 2, 2021
    DAKAR, Senegal – When nearly 300 Nigerian schoolgirls were kidnapped from their boarding schools by the Islamist group Boko Haram in 2014, the world ...
    Read More
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