Trendy Outfit

NEWTON, Mass .– (BUSINESS WIRE) –Tremont Mortgage Trust (Nasdaq: TRMT) today announced the closing of a $ 15.3 million senior variable rate bridge loan to refinance Prime Center at the Northridge office park. The building is comprised of two adjacent multi-tenant single-storey office buildings totaling approximately 125,000 square feet located …

At a special meeting on May 26, committee members agreed to background check First-i, a drone company with office space in the city’s nascent tech accelerator, inside of the downtown Herald building. City staff will also verify any pending litigation against the company, and committee members intend to ask additional …

NEW YORK – Some small businesses forced to turn to online lenders for pandemic relief are making these niche players a bigger part of their financial game plan and are even considering getting rid of their traditional banks altogether. Loans from online lenders have saved thousands of small business owners …

SINGAPORE: Police observed a new variant of loan scams that involved bogus letters or emails from banks or government agencies, demanding that victims pay administrative fees before receiving their loan. At least 20 reports were received between January and April this year, with losses amounting to more than S $ …

HousingWire recently spoke with Trevor Gauthier, CEO of ACES Quality Management, about the effects of 2020 on loan quality and what lenders should expect when it comes to loan quality and risk management. this year. HousingWire: What has the mortgage industry learned from an operational perspective over the past year? …

Student loan borrowers have taken a break with the pandemic-related repayment extension. Now the question is – what to do with the extra money? (iStock) While student loan borrowers continue to struggle financially, the current freeze on federal student loan payments has been extended, giving borrowers a little more time …

You can potentially use the money from one loan to pay off another. This is called debt restructuring, and it is generally not recommended. If you’re a student thinking about using student loan money to pay off other debt, like a car loan, it could cause big problems. Pay off …

Fake businesses raised $ 7 million in COVID-19 small business aid through online lender Kabbage, ProPublica find. Most of the bogus businesses were registered as farms, with names like “Deely Nuts” and “Beefy King”. Kabbage processed 378 loans to fraudulent companies through the Paycheck Protection Program, ProPublica reported. See more …

HYANNIS – A $ 2 million loan fund for child care and early education has been announced by Cape Cod 5. The loan will be administered by the local development finance institution Coastal Community Capital. The loan pool aims to help ease the strain on child care and early childhood …

The COVID-19 pandemic has turned out bad for most businesses, but the mom-and-pop stores that dot the nation’s shopping landscape have suffered tremendously, for lack of the bigger coffers that have helped businesses stay afloat during the epidemic. Zions Bancorporation of Utah, a banking holding company that manages affiliated banks …