November 24, 2022
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Monthly Archives: June 2022

Biden could extend limited waiver

by on June 30, 2022 0
President Joe Biden (Photo by Nathan Howard/Getty Images) Getty Images President Joe Biden could extend the limited waiver for student loan forgiveness. Here’s what you need to know — and what it means for your student loans. Student loans Top Biden student loans official Richard Cordray is pressuring the Biden administration to to deploy... Read More

Don’t Ignore These Home Loan Fees

by on June 27, 2022 0
As soon as most of us start making money and become financially independent, owning a home that we can call our own is one of the biggest dreams, right? And it’s no surprise that home loans serve as a bridge between that dream and reality. But more often than not, amidst an already long... Read More

Destiny USA gets loan extension | Best Stories

by on June 25, 2022 0
SYRACUSE — Destiny USA, New York’s largest mall, received a major reprieve on $430 million in mortgages that were due to mature earlier this month. Pyramid Management Group, which owns the mall, said on Thursday it secured a five-year extension to loans from lenders. Details of the deal were not immediately disclosed. But a... Read More

Low-income Oregonians will receive $600 per month

by on June 24, 2022 0
More than 236,000 Oregon families will each begin receiving a $600 payment this week as part of anew state lawaimed at helping low-income workers. Direct deposits or paper checks go to people who lived in Oregon in the last six months of 2020 and claimed the Earned Income Tax Credit, tax relief for low-income... Read More

Connecticut League offers loan participation tool

by on June 23, 2022 0
Source: Shutterstock. An affiliate of the Credit Union League of Connecticut has launched software to help credit unions buy and sell more loan equity — an area where smaller credit unions have fallen significantly behind. The subsidiary, League Services Corporation, offers Aluvy, an online loan participation platform designed to give small credit unions greater... Read More

HASB should think about the community | News, Sports, Jobs

by on June 23, 2022 0
The most recent meeting of the Hollidaysburg School Board brought out the best and the worst in our community. As students, teachers, and administrators face heightened concerns regarding safety, mental health, Covid, and the district faces a looming severe financial shortfall, several school board members would not support a vote for raise... Read More

Nuula, Even Financial Team on Loan Search Tool

by on June 21, 2022 0
FinTech Nuula offers a new tool that allows small business owners to digitally compare offers from more than 30 lenders to find the most suitable personal loans they can use to fund their businesses, Nuula announced Tuesday, June 21. Loans can range from $5,000 to $250,000, depending on the Toronto-based lender. Nuula, which already... Read More

Minnesota opens requests for drought relief – Agweek

by on June 21, 2022 0
ST. PAUL – Livestock and specialty crop growers in Minnesota can now claim up to $7,500 per farm in reimbursement for expenses incurred due to last year’s drought. Applications opened on Tuesday, June 21 for the Minnesota Department of Agriculture’s 2021 Agricultural Drought Relief Program, or ADRoP. The Minnesota Legislature has earmarked $8.1 million... Read More

Council tax cut supports over 450,000 households

by on June 21, 2022 0
An official statistical publication for Scotland. The Scottish Chief Statistician today released the Council’s latest annual tax cut statistics. In March 2022, the Scottish Council’s tax cut scheme supported 462,670 households (compared to 496,580 in March 2021) and the total weekly income foregone by local authorities was £6.829 million (compared to £7.328 million sterling... Read More

Dartmouth eliminates student loans for undergraduates

by on June 20, 2022 0
Donating financial aid through The Call to Lead campaign has reinforced Dartmouth’s commitment to making a college education accessible and affordable to the most promising and talented students around the world and from all economic backgrounds. “Thanks to this extraordinary investment from our community, students can prepare for lives of impact with fewer constraints,”... Read More

Personal Loan Market Size, Scope and Forecast

by on June 19, 2022 0
New Jersey, United States – The Personal Loans Market research report examines the market in detail over the predicted period. The research is divided into sections, each of which includes analysis of market trends and changes. Drivers, limitations, opportunities, and barriers, as well as the impact of numerous aspects on the industry, are all... Read More

Construction costs complicate financing | The Spokesperson’s Review

by on June 17, 2022 0
Some Spokane-area lenders say they are working through challenges to finance commercial construction developments and move projects forward despite soaring building material prices and rising labor costs, which have resulted in project delays and cancellations. Aliza Seay, president of the Spokane Valley-based Northwest Business Development Association, said the amount of time borrowers have to... Read More

Trustees approve 2023 operating budget, including employee compensation increases : News at IU: Indiana University

by on June 17, 2022 0
Indiana University’s Board of Trustees approved a $4 billion operating budget for the new fiscal year at its June meeting, including an increase in employee compensation. IU Associate Vice President for Budget and Planning, Samuel Adams, presented the budget to the trustees. Adams said IU employees will see up to a 4% increase in... Read More

Covid 19 Omicron: MSD Speeds Up Wage Subsidy Fraud Investigations, Nearly $800 Million Recovered

by on June 17, 2022 0
Nearly $800 million has been recovered through MSD’s investigations into wage subsidy fraud. Photo / 123RF The Department of Social Development has stepped up its investigations into fraudulent use of the wage subsidy scheme, doubling the number of people charged with criminal charges in the past month. The subsidy scheme paid nearly $14 billion... Read More

MCT Launches MSR Technology for Mortgage Managers with Live Loan-Level Pricing

by on June 16, 2022 0
Bill Shirrefs Mortgage Capital Trading (MCT), a mortgage hedging advisory and secondary marketing software company, has introduced new technology for Mortgage Servicing Rights (MSR) buyers to produce more granular pricing for mortgage servicing . The feature leverages an application programming interface (API) to connect MSRlive!, MCT’s industry-leading MSR grading... Read More

Alaska salmon bounty comes at the expense of British Columbia

by on June 15, 2022 0
Breadcrumb Links Comment NP But Canada’s Department of Foreign Affairs remains distraught Publication date : June 15, 2022 • 3 hours ago • 5 minute read • 16 comments Large chinook salmon battle for a spawning ground in the Adams River at Tsoetswecw Provincial Park near Chase, British Columbia, Tuesday, Oct. 2, 2018. The... Read More

Best Monthly Dividend Stocks | The bank rate

by on June 15, 2022 0
Dividend stocks are a popular way for investors to generate income, especially retired investors who need reliable cash flow. While most dividends are paid on a quarterly basis, some companies make their payouts on a monthly basis, and many investors appreciate this higher frequency, in part because it can help them structure their own... Read More

2009 loan mod scheme finally settled at $4.6 million

by on June 14, 2022 0
The owners of a Florida-based law firm have been ordered to pay nearly $4.6million to settle claims they ran a mortgage loan modification and foreclosure rescue scheme that targeted homeowners hispanics. The consent order terminates a lawsuit originally brought by the justice department in 2018 against a law firm Advocate Law Groups of Florida... Read More

Johanna Ulloa Giron arrested, accused of using library credit card to buy designer shoes and vacation expenses – CBS Denver

by on June 13, 2022 0
FORT COLLINS, Colorado (CBS4)— A former employee of the Poudre River Public Library in Fort Collins has been arrested, accused of using her work credit card for more than $110,000 in personal purchases like designer shoes and vacation expenses. Johanna Ulloa Giron, 42, resigned from her position as head of local services in March... Read More

How to Calculate the Debt-to-Income Ratio

by on June 13, 2022 0
Your debt-to-income ratio (DTI) is an important part of your financial situation, and lenders usually take it into account when reviewing loan applications. Your DTI is calculated by dividing your total monthly debt payments by your gross monthly income. The resulting percentage tells lenders whether you are likely to be able to repay the... Read More

Bad Bank AMC hits regulatory hurdle; bad debt transfer delayed

by on June 12, 2022 0
The Reserve Bank of India (RBI) has expressed concern over the lack of clarity in the regulatory oversight of an Asset Management Company (AMC) proposed to be established under the umbrella structure of the National Asset Reconstruction Company Ltd. (NARCL), or the so-called bad bank, people familiar with the matter told FE. This, coupled... Read More

Personal loan ads on social networks

by on June 12, 2022 0
The past few years have been difficult for many Americans. Unfortunately, trying to stretch every dollar to buy basic necessities has become the norm. Some might consider a second or third job to pay the bills. This is precisely the type of person that payday loans target. Promising quick cash without telling the full... Read More

Cal OES is hiring for Cybersecurity Center Commander

by on June 10, 2022 0
Several high-level leadership positions are being recruited within the state government – including the leadership of the California Cybersecurity Integration Center (Cal-CSIC). The cybersecurity role — titled “commander– is a large, overseeing “multi-agency coordination center integrating all aspects of California’s statewide cybersecurity mission”. The commander role is categorized as “Senior Assistant to the Governor/... Read More

Taipei urged not to change pension investment rules

by on June 9, 2022 0
By Shelley Shan / Staff Reporter The government should not change regulations governing workers’ pension funds to allow workers to choose their own investment goals, workers’ rights advocates said at a news conference in Taipei yesterday. “We urge the Department of Labor to maintain its position on the matter and resist lobbying by securities... Read More

What credit score do you need for a personal loan?

by on June 8, 2022 0
Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. The credit score you need for... Read More

Explanation: What is a non-performing loan (NPL)?

by on June 6, 2022 0
A non-performing loan (NPL) is a loan in which the borrower is in default and has not made monthly principal and interest payments for a specified period. When principal and interest repayments are over 90 days past due or according to the terms of the loan agreement, banks generally classify the loans as non-performing.... Read More

How to calculate the cost of acquiring a new home

by on June 5, 2022 0
When calculating capital gains on the sale of real estate, an important figure to consider is the cost of acquiring the property. This is necessary not only for the calculation of basic capital gains, but also for the calculation of the long-term capital gains exemption available for reinvestment in a dwelling house, where the... Read More

Woman spent PPP loan on sports car and gambling

by on June 3, 2022 0
MEMPHIS, Tenn. – A Memphis woman is accused of illegally obtaining thousands of dollars in federal PPP loans and spending that money on personal trips, concerts, gambling and a new Maserati. Kenyatta Danielle Hooper, 34, was indicted by a federal grand jury in May on six counts of wire fraud. She was arrested last... Read More

Report on Research Compliance Volume 19, Number 6. In this month’s eNews: June 2022 | Healthcare Compliance Association (HCCA)

by on June 2, 2022 0
Research Compliance Report 19 no. 6 (June 2022) ◆ Auditors from the Office of Inspector General (OIG) of the National Science Foundation (NSF) questioned $35,316 in costs claimed by the University of Idaho (UI) among $42.7 million spent on 50 awards, according to a new audit. The audit covered “the inception date of each... Read More

Mortgage Lenders Can Now Use FormFree’s AccountChek to Satisfy Freddie Mac’s Employment Requirement Reverification

by on June 1, 2022 0
ATHENS, Ga., June 1, 2022 /PRNewswire/ — FormFree® announced today that its AccountChek® Digital Asset Verification Service Supports New Enhancement to Freddie Mac’s Lending Product Advisor® (PLASM) asset and income modeling (AIM) solution that makes assessing borrowers’ employment easier, faster, less expensive and more fraud-resistant. Under the requirements of the Freddie Mac Single-Family Seller/Servicer... Read More

20-Year HELOC Rates Drop – Forbes Advisor

by on June 1, 2022 0
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. HELOCs, or home equity lines of credit, are loans that allow you to borrow against the equity in your home, which is the current market value of your home minus the... Read More

Tax Advice for Clients Who Day Trade Stocks

by on June 1, 2022 0
The proliferation of retail has brought challenges as well as new opportunities for accountants. Since the tax rules surrounding day trading can be murky and complex, clients who daytime–Trade as a primary or secondary source of income may require the services of a tax specialist. One important area where this ever-growing client group may... Read More