Washington — The U.S. Department of Education has canceled plans to conduct an auction for PLUS loans for parents of students after few lenders expressed interest in participating. In a letter sent to ...

Washington — Sallie Mae announced today that it would not bid in a forthcoming auction to make PLUS Loans, saying it would not be profitable to participate. In a letter to colleges, the lender said it ...

Technically, of course, given the name, Congress passes "technical corrections" bills to fix typos and make other minor changes in legislation that it has passed previously. But given the immense ...

After announcing Friday that it would increase liquidity, the Federal Reserve Board said Monday that it had knocked the interest rate on borrowing from its term loan auction to 2.39%. The Fed's first ...

The Federal Reserve Board said Friday that it would extend its term loan auctions into February as part of its efforts to curb the liquidity crisis. Auctions will be held on Feb. 11 and Feb. 25 on $30 ...

Servicer Nationstar is reportedly in discussions with investor, KIRP LLC, to settle a complaint in which the investor is challening Nationstar’s decision to sell pools of non-performing loans packed ...

Bridge Loan or gap loan are short term loan where credit fund is available immediately for a short-term period for materializing any financial dream and is paid off on receiving of the larger loan ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. ST. LOUIS – There’s a big, new development ...

Investors looking to pick up downtown hotels off the discount rack have a new option in River North, where the distressed loan tied to the Hotel Felix is going up for auction. Paramount Lodging ...

WASHINGTON (Reuters) - A proposal to test a radical change in the U.S. student loan industry by putting it on the auction block is set to pit Democratic lawmakers against the Bush administration and ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. There could be 29 new owners of metro Detroit buildings, ...