NEW YORK, May 2 (LPC) – Bausch and Lomb revised pricing on its covenant-lite term loans and is said to be weighing an increase to the size of its US dollar-denominated term loan at the expense of the euro-denominated loan amid ongoing volatility in the European loan market, sources said. “The European market continues to be unsettled so they will have to place more of the debt in U.S. investor .. more …
In February, loan mutual funds ‘ assets under management inched up 0.31%, or $218 million, to a seven-month high of $71.7 billion. That follows January’s more profound 2.23% increase, and it brings the year-to-date gain to 2.54%, from $69.9 billion at the end of 2011. As in January, February’s AUM expansion was fueled by rising loan values, which masked the fact that retail investors withdrew $52 .. more …
Roost Home Loan Affordability report For February 2011 – For immediaterelease Home loanaffordability improves slightly as incomes nudgehigher Home loanaffordability improved again slightly in February as thenational median house price was stable, interest ratesremained at record lows and incomes nudged up alittle.The Roost Home Loan Affordability monthly reportsshow affordability for young .. more …
While consumers have paid down credit card balances and other debts in recent years, there’s one area where they continue to borrow heavily: student loans . People affected by growing student loan debt are sounding alarms, and no wonder. Look at the numbers. According to data from the Federal Reserve : Student loan balances now stand at about $870 billion, an amount that has surpassed total .. more …
CHICAGO, March 12, 2012 /PRNewswire/ — The Federal Home Loan Bank of Chicago’s Downpayment Plus (DPP) programs open today. Financial institutions in Illinois and Wisconsin that are members of the Federal Home Loan Bank of Chicago can provide $8,000 subsidies to eligible borrowers to whom they are providing mortgages. The subsidy may be used for down payment and closing cost assistance, homebuyer .. more …
NEW YORK, March 12, 2012 /PRNewswire/ –Overture Technologies’ Student Loan Marketplace, which is the only private loan comparison website that presents, side-by-side, the specific rates and terms students would see if they applied with each lender separately, today announced a partnership with cuStudentLoans, a private student loan program developed and managed by not-for-profit credit unions, to .. more …
Borrowers with Direct Consolidation Loans may qualify for renewed deferment benefits. If you’re in default on a federal education loan, you may be able to receive a Direct Consolidation Loan. It is important for you to get all the facts about consolidation loans before making your decision to ensure that you make the best decision for your situation. If borrowers have exhausted the deferment .. more …
With student loan debt now topping U.S. credit card debt and few or no options available for distressed borrowers (including parents who co-signed and now face the loss of nest eggs, retirement homes and other assets), America faces the very real possibility of another major economic threat on par with the devastating home mortgage crisis, according to a new survey and report, Student Loan .. more …
In a word: yes. If you have been offered admission to a graduate program, but have not been offered funding, it is not a crisis situation. You should begin your school regardless. If you have started graduate school without funding, you can always apply each year. You should apply for grants and assistantships (both research and teaching) each year. Some grant applications are due in early fall, .. more …
BOSTON–(BUSINESS WIRE)– The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS climbed to 86.1% as of December 31, 2011 from 85.2%as of November 30, 2011. Loan values were 79.4% as of December 31, 2010. “CRE loan prices in December rose to their highest level in more than two years,” said DebtX CEO Kingsley Greenland. “The price increases are the .. more …
