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Atlanta prosecutor jailed for 7 years after stealing $15 million through PPP loans

Daily Mail report A former deputy city attorney in Atlanta who also had a life advice podcast was sentenced to seven years in prison for obtaining nearly $15 million in COVID relief loans. Sherisa Robertson, 62, reportedly used her illegally obtained funds to buy a 10-carat diamond ring, a Rolls Royce and a motorbike. She […]

Minnesota mayor thanks President Biden for canceling his student loans

St. Paul Mayor Melvin Carter proudly declared Wednesday that his own student loans have officially been forgiven. The Minnesota mayor posted a screenshot of his Mohela account, a site he uses to manage and make student loan payments, and it showed $0.00 in his account. “Thank you Mr President!” he wrote. Carter also used X […]

Freddie Mac proposes buying home equity loans

Government-backed mortgage securitizer Freddie Mac is considering whether to expand its portfolio of first-time mortgages and become a buyer of home-equity loans, a move that could offer borrowers more favorable terms than they can get in the private credit market. Public comment on the proposal, which closed less than a week ago, has drawn praise […]

Private student loan interest rates continue to fall for 5-year loans

Here at Credible Operations, Inc. (NMLS No. 1681276) (hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your finances. We promote the products of financial institutions we work with in exchange for our services, but all opinions are our own. The latest private student loan […]

Private student loan interest rates fall for 5-year loans

Here at Credible Operations, Inc. (NMLS No. 1681276) (hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your finances. We promote the products of financial institutions we work with in exchange for our services, but all opinions are our own. The latest private student loan […]

NYCB Sells $5 Billion in Loans to JPMorgan – PYMNTS.com

new york community bank (NYCB) has sold $5 billion in loans to: JP Morgan Chase. These sales aremortgage warehouse loanThe aim is to strengthen the capital and liquidity of local banks, according to a press release on Tuesday (May 14). “It is consistent with the recent guidance between us. income Thank you. We are moving […]

Anti-Israel occupiers could lose federal student loans under new GOP Senate bill

Fox’s first appearance: Republicans are threatening federal financial aid provided to college students who commit crimes during the anti-Israel protests that are hitting universities across the country. Eight other Republicans, including Sens. Thom Tillis (R-Tenn.) and Steve Daines (R-Mont.), also Thursday; proposed. “Pro-Hamas student mobs blatantly violated the law, destroyed campus property, and resorted to […]

Democrat David Trone’s loans to own Senate campaign surpass $54 million

Rep. David Trone (D-MD) has lent over $54 million to his Maryland Senate campaign, Federal Election Commission filings show. The filings, which cover through April 24, are a window into how Trone, a wealthy businessman who founded and co-owns the retail company Total Wine & More, is hoping that his fortune will earn him a […]

Private student loan interest rates fall for 10-year loans

Here at Credible Operations, Inc. (NMLS No. 1681276) (hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your finances. We promote the products of financial institutions we work with in exchange for our services, but all opinions are our own. The latest private student loan […]

Italy bans loans to Minneapolis Institute of Art over ancient statue dispute

Following a dispute with a U.S. museum over an ancient marble statue believed to have been plundered from Italy nearly half a century ago, Italy’s Culture Ministry has banned the work from being loaned to the Minneapolis Institute of Art. The dispute arose in March 2022 when an Italian court ruled that the Minneapolis Museum […]