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Student loan update: Millions of borrowers get to skip payment
Newsweek· 2 days agoMillions of borrowers will get to skip their student loan payments in July while loan servicers...
Student Loan Payments Paused for Nearly a Million Borrowers Starting in July
CNET· 19 hours agoThe Department of Education placed them in a “processing forbearance” as it recalculates payments in...
You may not have to make a student loan payment in July—what borrowers need to know
CNBC· 1 day agoIt's not often student loan borrowers are excited to see their monthly billing statement. When the...
Gordon Brown-backed stealth tax could push up mortgage payments by £170
The Telegraph via Yahoo Finance· 4 hours agoAn £11bn hit to the banks could be recouped by raising interest rates charged on loans by as much as...
Resolving Financial Covenant Defaults in Revolving Lines of Credit: Real-World Strategic...
JD Supra· 4 days agoThe scenario is common enough: following a slow quarter, a borrower misses a debt service coverage ratio (DSCR), fixed charge coverage ratio (FCCR), or other financial covenant ...
How Gordon Brown could tempt Labour into a stealth ‘mortgage tax’
The Telegraph via Yahoo Finance· 4 hours agoPerhaps the most worrying for mortgage-holders is the fact that banks would be unlikely to take the...
Making Lemonade from Lemons: A Mortgage Lender's Guide to Successful Loan Workouts, Part 4 | JD...
JD Supra· 3 days agoTypically, the first critical document you will need to prepare in the workout process is a default notice. A default notice is a formal notification to your borrower (and ...
Alabama Supreme Court Upholds Legality of Mandated Borrower Payments During Foreclosure Litigation
The National Law Review· 3 days agoThe Alabama Supreme Court’s recent ruling in Coan v. Championship Property, LLC has significant...
What is student loan default?
Bankrate via AOL· 5 days agoKey takeaways A defaulted student loan happens when the borrower does not make payments on their student loan, often for a few months or more. Having a...
Mortgaged homes in R.I. see average year-over-year equity gain of $49K in Q1
Providence Business News· 3 days agoPROVIDENCE – The average equity gain per borrower of a mortgaged home in Rhode Island was $49,300...