US Mortgage Loans in Forbearance Increase for Sixth Consecutive Month in November

US Mortgage Loans in Forbearance Increase for Sixth Consecutive Month in November

Wood Markets News US Mortgage Loans in Forbearance Increase for Sixth Consecutive Month in November End Use Posted on January 1, 2025 On December 23, the Mortgage Bankers Association (MBA) released its monthly Loan Monitoring Survey for November. As of November 30, the total number of loans in forbearance increased 0.50%, with an estimated 250,000 … Read more

HELOC rates retreat again, home equity loans unchanged

HELOC rates retreat again, home equity loans unchanged

HELOC rates again came in lower this week, with the the $30,000 home equity line of credit dropping to an average of 8.36 percent — closing out 2024 with a record low for the year, according to Bankrate’s national survey of lenders. In contrast, the average $30,000 home equity loan rate remained the same, at … Read more

Kyle Richards’ Estranged Husband Slammed For Move To Dismiss Unnecessary Loans Lawsuit

Kyle Richards' Estranged Husband Slammed For Move To Dismiss Unnecessary Loans Lawsuit

MEGA Kyle Richards‘ estranged husband, Mauricio Umansky‘s nemesis, is demanding serious accountability from him amid his PPP loan lawsuit. The entrepreneur and his real estate company are involved in a $3.5 million PPP loan mismanagement controversy, and another company criticizes him for trying to water it down. Mauricio Umansky and his company, The Agency, were … Read more

Disaster Loan Outreach Center to open in Lowville

Disaster Loan Outreach Center to open in Lowville

LOWVILLE, New York (WWNY) – A center is opening in Lewis County to help businesses and residents who were hit by severe storms and flooding this summer. The U.S. Small Business Administration is opening a Disaster Loan Outreach Center (DLOC) in Lowville this Friday. It will help businesses and residents hit by the storms that … Read more

From school choice to student loans: Alabama’s 2024 education year in review

From school choice to student loans: Alabama's 2024 education year in review

BIRMINGHAM, Ala. — Alabama’s education landscape saw transformative changes in 2024, setting the state for a pivotal year ahead. The introduction of education savings accounts brought a shift in school choice, offering families more flexibility next fall. Lawmakers also began tackling the financial realities of a post-COVID funding cliff and reconsidering how schools are funded … Read more

Paying off student loans in CT? A new program could help

Paying off student loans in CT? A new program could help

Applications are live for Connecticut’s new student loan reimbursement program. To qualify, applicants must have gone to and graduated from a college or certificate program in Connecticut, lived in the state for the last five years, paid into a state or federal-sponsored student loan, and not make more than $125,000 (or $175,000 if filing jointly). … Read more