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Crain's Chicago Business

Hard Rock Hotel snags $75 million loan to finance renovation
Crain's Chicago Business
The loan, which will help Becker finance a planned renovation and rebranding of the hotel, replaces $48 million in debt taken out five years ago on the landmark Carbide & Carbon Building. Becker borrowed that money in 2012 to stave off default on a $69 ...



TNW

The new case for student loan forgiveness
TNW
Crushing student loan debts are preventing people from being able to participate in normal economic activities like buying homes and cars, and it is even preventing people from being able to participate in crucial consumerism habits like buying gifts ...

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The Real Deal Magazine

The top outer-borough RE loans in August
The Real Deal Magazine
In the top 10 loans recorded in New York's outer boroughs last month, one company stands out from the rest: Madison Realty Capital. The private equity shop, with a book of business that's exploded in recent years, played a part in three of the top ...



CT Post

Secured vs. Unsecured Loan: What's the Difference?
CT Post
Secured versus unsecured loan: If you're Googling this phrase, odds are you're immersed in the process of looking for a loan, and need some clarification on the difference between these two types. So here's the deal: A secured loan means you put up ...

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Pittsburgh Post-Gazette

Shell cracker plant spurs $7 million development loan for nearby site
Pittsburgh Post-Gazette
A regional site development fund has agreed to loan nearly $7 million to help an industrial park project in Beaver County get ready for possible distribution and manufacturing facilities. And though it's still clearing the 100-acre site and has yet to ...
Regional investment group loans $6.85 million to Nardelli project in Big BeaverTimesonline.com

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Reichert selected as SDHDA top loan officer
Black Hills Pioneer
PIERRE – South Dakota Housing Development Authority's (SDHDA) annual housing conference concluded recently with the recognition of Stephen Reichert from Black Hills Community Bank in Spearfish as this year's top loan officer for Area 4. “Without ...



KSFY

Badlands empire ends amid Dollar Loan Center lawsuit
KSFY
The closure statement on KBAD's website came just two days after Brennan's Dollar Loan Centers filed a lawsuit against the director of the South Dakota Division of Banking. “It's just such a sad thing to see it go off the air; it was like being sucker ...



Reuters

UK Banks Must Bolster Defences Against Consumer Loan Defaults-Bank of England
New York Times
On average, 20 percent of consumer loans would need to be written off over a three-year period, compared with a 2 percent write-off rate at present, the BoE said. Last year, the BoE only estimated a 13 percent write-off rate, based on a scenario which ...
UK banks must bolster defenses against consumer loan defaults: Bank of EnglandReuters
UK banks warned about their consumer loan lossesIrish Examiner

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HuffPost

Major Win for Consumers Against National Collegiate Student Loan Trust is On Hold
HuffPost
Student loan debtors are being sued and losing because they don't fight back against creditors going after them for loans that are questionably enforceable. And on the other side you have a number of large financial players who bought into or ...



NPR

New Data About Student Loan Borrowers; DeVos Changes Obama-era Guidance
NPR
Since 2011, the Consumer Financial Protection Bureau has worked with the Education Department to enforce student loan regulations. But this week, the department announced that the partnership will end. The news came the same week the CFPB reached ...
Q&A on Campus Sexual Misconduct - US Department of EducationUS Department of Education
Department of Education Issues New Interim Guidance on Campus Sexual MisconductU.S. Department of Education
"Dear Colleague" Letter on Campus Sexual Misconduct - US Department of EducationUS Department of Education

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