Biden administration cancels loans for 260K former Ashford University students
More than 260,000 former students at Ashford University, a now-defunct for-profit university, have had their student loans canceled as the Biden administration advances its final stages of debt forgiveness. Ashford was once one of the nation's largest for-profit college corporations, serving more than 100,000 students. It was owned by Zovio until the University of Arizona […]
Biden cancels student loans with one week left to his term
More student debt relief is in the works as Biden prepares to leave office. (iStock) As President Joe Biden's term draws to a close, he granted federal student loan relief to an additional 150,000 borrowers. These 150,000 borrowers include approximately 85,000 students who attended schools that defrauded students, 61,000 borrowers with total and permanent disabilities, […]
Biden puts taxpayers on the hook for over 150,000 debtors’ student loans before leaving office
President Joe Biden announced On Monday, he decided to once again do philanthropy with other people's money, leaving American taxpayers with more than 150,000 federal student loan debtors in a bind, thereby “having their student loans canceled by my administration.” more than 5 million Americans. Biden boasted that his administration had “forgiven more student loan […]
HomeStreet to Sell $990 Million in Loans to Bank of America – PYMNTS.com
The parent company is based in Seattle. home street bank agreed to sell $990 million in multifamily commercial real estate loans to bank of america. The price, including the withheld payments, is 92% of the principal balance of the loan, and the loan sale is expected to close by Tuesday (December 31). home street He […]
National Bank of Ukraine: Russian cyberattack reduced banks' ability to open accounts and issue loans – Euromaidan Press
In response to a request from Interfax Ukraine, the National Bank of Ukraine announced that its operations were disrupted by a Russian cyber attack that affected government registers. The Department of Justice announced on December 19 a major network infrastructure outage affecting the state's registry. Deputy Prime Minister and Minister of Justice Olha Stefanishna later […]
Biden Nationalizes Another 50,000+ Student Loans as He Heads for the Exit
Leaving President Joe Biden's administration will be nothing if not hectic, with desks cleaned and preparations made for his final departure. On Friday, it announced that federal student loans for an additional 55,000 workers would be canceled through an existing program known as Public Service Loan Forgiveness. Biden has now canceled an unprecedented $180 billion […]
Internal Watchdog Urges Biden’s Green Loans Office To Stop Working On New Loans Amid Conflict Of Interest Concerns
An internal federal watchdog agency ordered the Biden administration's Green Loans Office to stop working on new deals, citing concerns that it was poorly managing potential conflicts of interest in its operations, an internal federal watchdog said in a letter Tuesday. I asked for it. Department of Energy (DOE) Inspector General Terry Donaldson I wrote […]
Biden admin loans Ukraine $20B backed by profits from ‘immobilized’ Russian assets
The Biden administration announced on Tuesday that it would distribute $20 billion in loans to Ukraine, with the funds recovered from profits generated by “immobilized” Russian assets. “These funds, paid for with windfall profits from Russia's own disabled assets, will provide a critical injection of support in defending Ukraine from an unprovoked war of aggression.” […]
U.S. Loans Ukraine $20 Billion Before Biden Departs
The United States confirmed on Tuesday that it had given Ukraine $20 billion in funds backed by proceeds from frozen Russian assets. The cash is part of a $50 billion G7 aid package and will arrive 40 days before President Joe Biden leaves the White House. As Breitbart News reported, President-elect Donald Trump has already […]
US loans Ukraine $20B from seized Russian assets
The Treasury Department on Tuesday extended a $20 billion loan to Ukraine funded by seized Russian assets as part of a broader Group of Seven (G7) effort to strengthen Ukraine's defense. The money will be transferred to Ukraine on Tuesday morning through the World Bank, which received a loan from the United States. The loan […]