A lawsuit filed Wednesday by an Indiana-based bank against former Baltimore Mayor Stephanie Rawlings-Blake seeks repayment on a $2 million commercial loan. Old National Bank, which merged with Capstar Bank in April last year, has filed a lawsuit in the U.S. District Court for Maryland for an outstanding loan balance, plus interest and late fees, … Read more
Pyramid Management Group, one of the largest privately-held shopping center developers in the Northeast, has successfully secured a three-year extension for the loan on Sangertown Square in New Hartford, the group announced in a statement. Pyramid Management officials say this extension will allow the group to continue to reinvest in the property and ensure its … Read more
The Consumer Financial Protection Bureau has been busy — with the latest salvo of (possible) rulemaking looming for buy now, pay later (BNPL) loans, earned wage access and other financial products. The CFPB sent a letter detailing the move to the Consumer Bankers Association and Center for Responsible Lending Wednesday (Jan. 8). These entities filed … Read more
When a country is on the brink of defaulting on its debt or plunging into economic catastrophe, to whom does it turn? Although it can try to get a loan from a regional bank or aid from a large power like the United States, those options often fail. Ultimately, many countries turn to the lender … Read more
Student Loan Forgiveness is one of the crucial topics for the citizens expecting to receive this benefit from the department. The United States government has given a vital statement about loan forgiveness for various students and loan borrowers. Even during the COVID pandemic era, student loan payments have paused to come to an end as … Read more
Enjoy complimentary access to top ideas and insights — selected by our editors. The top five banks and thrifts with the largest portfolios of home equity loans had more than $94 million in loans combined for the third quarter of last year — more than half of the roughly $178 million amassed by the top … Read more
2025 is set to be a year of significant changes for student loans. With the Biden administration leaving the White House to make room for President-elect Donald Trump to serve his second, non-consecutive term, many current and past students are left wondering what the next steps will be in terms of student loan payment programs … Read more
HOUSTON, Jan. 9, 2025 /PRNewswire/ — Main Street Capital Corporation (NYSE: MAIN) (“Main Street”) is pleased to announce the following recent activity in its private loan portfolio. During the fourth quarter of 2024, Main Street originated new or increased commitments in its private loan portfolio of $123.4 million and funded total investments across its private … Read more
Bayern Munich’s Scottish midfielder Samantha Kerr is heading to the Women’s Super League in search of more playing time. The 25-year-old has found regular time on the pitch hard to come by under Alexander Straus in a Bayern midfield that usually features the pairing of Georgia Stanway and Sarah Zadrazil. Julia Zigiotti Olme has also … Read more
President Joe Biden and Vice President Kamala Harris’ student loan forgiveness schemes were never fair proposals. Even worse, they were illegal. Key takeaways from USA TODAY’s exclusive interview with President Biden USA TODAY sat down for an exclusive interview with President Joe Biden to discuss his decision not to run for reelection and pardoning his … Read more