Ida Disaster Loan Application Deadline Approaches |

Connecticut businesses can apply for a physical disaster loan of up to $2 million for damage caused by Hurricane Ida through Jan. 28. The US Small Business Administration extended initial deadlines for businesses, private nonprofit organizations, landlords and tenants earlier this month. Hurricane remnants affected people across the state in the first two days of […]

Budget 2022 Real Estate Expectations: Improved Home Loan Amount, Income Tax Deduction, GST Exemption and Other Modi Government Requests

Real estate demand, especially in the residential segment, is recovering from the pandemic-induced slowdown. With Union Budget 2022-23 due on February 1, Ravindra Pai, MD of Century Real Estate expects to receive the following support from Modi government for the real estate segment:- 1. Creation of demand: “The government should allow second home purchases and […]

Maryland prosecutor Marilyn Mosby charged with allegedly lying about past loan application at vacation home

Mosby won $250,000, but said she was facing financial hardship related to COVID. January 13, 2022, 11:04 PM • 4 minute read Share on FacebookShare on TwitterEmail this article A federal grand jury in Maryland has indicted Marilyn Mosby, the Baltimore City state attorney, on two counts of perjury and misrepresentation on mortgage applications she […]

Claims to take away, Christmas shopping preventing home loan approval

Shanks says she wrote to Trade Minister David Clark on December 16 to raise the issues and request a meeting, but is still awaiting a response. She wrote that the industry supported measures to protect consumers and understood that the changes were intended to do so. However, she said implementing the changes has led to […]

Point Predictive Identifies $1 Billion in Loan Application Fraud Linked to Fake Employers, Significantly Reducing Risk for Lenders

SAN DIEGO, January 13, 2022 /PRNewswire/ — Point Predictive Inc., the San Diego, a London-based company that provides machine learning solutions to the lending industry, today announced that its industry-leading fraud team has reached the milestone of identifying $1 billion in fraudulent loan value linked to over 5,000 fake employers on auto loan applications. Findings […]

FTC settles with loan application company over alleged misuse of sensitive personal information

On January 6, 2022, the Federal Trade Commission reached a $1.5 million settlement with loan application firm ITMedia Solutions LLC (“ITMedia”) regarding alleged violations of the FTC Act and the Fair Credit Reporting Act (“FCR”). The FTC alleged that ITMedia deceptively acquired and indiscriminately shared consumers’ sensitive personal information under the guise of connecting them […]

Why small business loan approval rates are climbing at a snail’s pace

Although the approval percentages of banks and non-bank lenders (institutional lenders, alternative lenders and others) have risen steadily over the past 12 months, the rebound in small business lending is far from robust. Bank vault. (Photo by Dick Whittington Studio/Corbis via Getty Images) Corbis via Getty Images According to the latest Biz2Credit Small Business Loan […]

Sam Cosgrove asks to ‘reject’ after Birmingham City ‘accepts’ loan terms

Birmingham City’s Sam Cosgrove has turned down the possibility of relaunching his career in Scotland. This is according to twin title Daily Record which says the Blues had reached a loan deal with Dundee that would see the forward return to the Scottish Premiership. However, the report says Cosgrove wants to stay in England and […]