Article 1.01. The conclusion of an important definitive agreement. At July 6, 2021, Byrna Technologies Inc. (the “Company”) has entered into a first omnibus loan modification agreement (the “Amendment”) with Needham Bank, a Massachusetts cooperative bank (the “Lender”) amending this Commercial Loan and Guarantee Agreement dated January 19, 2021 (the …
Read More »Los Angeles-Based PACT Capital Announces Opening of Fresno Office | New
FRESNO, California, July 8, 2021 / PRNewswire / – PACTE Capital Inc., a California-based commercial mortgage bank that provides capital market services for multi-family, commercial and farm real estate, has announced the official opening of its central California office located in Fresno, California. The office is in the Palm Bluffs …
Read More »GLOBAL SELF STORAGE, INC. : entering into a material definitive agreement, creating a direct financial obligation or obligation under a registrant’s off-balance sheet arrangement, disclosure of FD regulations, financial statements and supporting documents (Form 8-K )
Item 1.01 Entry into Material Definitive Agreements. Loan Agreement and Guarantee On July 6, 2021, certain wholly owned subsidiaries (the "Subsidiaries") of Global Self Storage, Inc. (the "Company") entered into a first amendment to the revolving credit loan agreement (the "Loan Agreement") between the Subsidiaries and The Huntington National Bank, …
Read More »What is the ideal credit score to secure a mortgage?
Image: Olivier Le Moal / Shutterstock.com Buying a home is exciting, but there are many things to consider when starting out. One thing that is important from the start is your credit score. It can make or break your dreams of home ownership, so it’s important to understand what the …
Read More »Co-lending model: Can changes in the co-lending model facilitate the availability of credit for the priority sector?
In order to provide the essential competitive advantage for lending to the priority sector, the Reserve Bank (RBI) in 2018 put in place a framework for coordinating loans by banks and non-bank financial corporations (NBFCs) for loans to priority sector subject to certain conditions. The advantage of such a co-loan …
Read More »Malliotakis and Cicilline Introduce Legislation to Help Community and Elderly Centers | archive, united states, politics
WASHINGTON, DC – Congresswoman Nicole Malliotakis (NY-11) and Congressman David N. Cicillin (RI-01) introduced the Community and Senior Center Support Act, bipartisan legislation that waives the zone requirement Rural for USDA’s Community Facilities Grant program, providing community and senior citizen centers across the country have access to millions of dollars …
Read More »CFPB Report Highlights Consumer Reports and Loan Service Problems
Law360 (June 29, 2021, 10:21 p.m. EDT) – The Consumer Financial Protection Bureau said on Tuesday that its examiners uncovered a multitude of law violations among financial service providers last year, targeting certain issues related to the ‘Accuracy of credit report data, redlining, data entry practices and student loan service …
Read More »ESG in Trade and Export Finance | Sullivan and Worcester
[co-author: Theodora Okocha] Environment, Social and Governance (ESG) is currently at the forefront of discussions on trade and export finance, but its application in this area is not yet clear. In an age when a lot of money is shifting from traditional financing to sustainable financing, market participants want to …
Read More »Total Expert launches the industry’s first sales and marketing
MINNEAPOLIS, June 24, 2021 (GLOBE NEWSWIRE) – Total expert, the CRM and customer engagement platform designed specifically for modern financial institutions, today launched Total Expert for Consumer Direct, the first all-in-one sales and marketing platform based on a unique data for direct lending. The new offering ensures that lenders can …
Read More »Allegations of deals brokered by troubled Winnipeg businessman McCoshen
Allegations of financial impropriety and bribery circulate around a local businessman, which can lead to potential disaster for a Manitoba First Nation and a possible fundraising hole for Assiniboine Park Conservancy. An Ontario Securities Commission investigation has raised serious concerns over the business connections of 53-year-old Sean McCoshen, who in …
Read More »Refinance student loans with a current bank: pros and cons
Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. Refinancing a student loan is a good option for borrowers looking to get a lower interest rate …
Read More »AVVAA World Health Care Products, Inc. Announces Shareholder Update
Enter Wall Street with Street Insider Premium. Claim your 1-week free trial here. Houston, Texas, June 23, 2021 (GLOBE NEWSWIRE) – via NewMediaWire – AVVAA World Health Care Products, Inc. (OTC PINK: AVVH) announces its acquisition by Omnis Public Capital Management, LLC. AVVH has signed new and revised resolutions of …
Read More »Growing consumer confidence calls for an end to predatory loans targeting blacks and people of color
Known as the âreal lenderâ rule, the Office of the Comptroller of the Currency (OCC) has given the green light to predatory lenders. It effectively overturns a series of laws enacted in nearly every state to end abusive payday loans, car titles and installment loans with explosive interest rates of …
Read More »PNM RESOURCES INC: Conclusion of a material definitive agreement, creation of a direct financial obligation or obligation under an off-balance sheet arrangement of a holder, financial statements and exhibits (Form 8-K)
Item 1.01 Conclusion of a Material Definitive Agreement. At June 18, 2021, New Mexico utility company (“PNM”), a wholly owned subsidiary of PNM Resources, Inc., concluded a $ 75.0 million term loan agreement (the “Term Loan”), between PNM and Bank of America, NA., as a lender (the âLenderâ). The term …
Read More »Flooding our streets with love!
Geneva Financial is a paid advertiser of Sonoran Living. The mission of Cloud Covered Streets (501c3) is to provide hope, compassion, kindness, connection and essential supplies to homeless people. Provide them with tools and support to find their way back to the best possible life. Our mobile unit provides FREE …
Read More »Open Lending Corporation (LPRO) Q1 2021 Earnings Call Transcript
Image source: The Motley Fool. Open Lending Corporation (NASDAQ:LPRO) Q1 2021 Earnings Call May 11, 2021, 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon, and welcome to Open Lending’s first-quarter 2021 earnings conference call. As a reminder, today’s conference call is being recorded. On …
Read More »SpaceX abandons Mars Starship rocket test flight at the last second
SpaceX’s futuristic spacecraft’s first high-altitude test flight was halted at the last second in Texas on Tuesday. SpaceX almost launched a prototype of the rocket that company chief Elon Musk is designing to transport people to Mars. The goal was to shoot Starship at an elevation of eight miles (12.5 …
Read More »Rishi Sunak News: UNAWARE Victims of Bounce Back Loan Scam | UK | New
Bouncing Loans: Rishi Sunak Discusses New Program The National Audit Office (NAO) recently revealed that taxpayers could lose up to £ 26bn due to fraud, organized crime or the failure of Chancellor Rishi Sunak’s rebound loan program. Since BBL’s inception in April, fraudsters have been able to steal victims’ personal …
Read More »Stand firm against killing the unborn child | Featured columnists
I will never forget the times (first – 42 years ago) I spent in the delivery room with my wife when my children were born. My wife’s doctor was kind enough to allow me to film the birth of my children. Nowhere was the world as contentious as it is …
Read More »NHRC advises government. on women’s rights during the pandemic
Recommendations include the creation of a task force on gender-based violence, free contraception, moratoriums on loans taken by women workers The establishment of a working group on gender-based violence to coordinate and monitor support and prevention services, the provision of free contraceptives and the granting of moratoriums on all loans …
Read More »Obama’s attack on the right of conscience
Over ten years ago, I attached an amendment to a spending bill to protect the conscientious rights of those who choose not to offer, perform, or assist in performing abortions. The effort was essential to ensure that health organizations across the country were not forced to violate their beliefs. Every …
Read More »Why your IRS refund is late this year – Forbes Advisor
Editorial Note: Forbes Advisor may charge a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. The IRS is overwhelmed. While he struggles to deal with the treatment issues due to the pandemic and the last-minute changes …
Read More »Black Knight Expands MSR Capabilities to Provide Faster, Detailed Insight into Portfolio Valuation for Servers of All Sizes
JACKSONVILLE, Florida, May 12, 2021 / PRNewswire / – Today, Black Knight, Inc. (NYSE: BKI) Announced Expansion of its Mortgage Management Rights (MSR) Assessment Solution to Provide More Detailed Visibility of Asset Management Value and Performance and Market Economy . The Black Knight MSR platform is designed to meet the …
Read More »News and Trends in Consumer Credit Regulation
This regular post from DLA Piper lawyers aims to help clients navigate the ever-changing consumer credit regulatory landscape. Regulatory developments Federal CFPB is delaying the mandatory compliance date for the general final rule on qualifying mortgages. The CFPB issued a final rule extending the mandatory compliance date for the General …
Read More »Consumers Win as Chime and Other Fintech Jockey to Make Overdraft Fees Obsolete
Overdraft fees are high on the list of things consumers dislike most about traditional banks. So it’s no surprise that mainstream fintechs are now outdoing themselves to provide the best overdraft coverage – for free. San Francisco-based Chime, the country’s most valuable digital near-bank (with a valuation of $ 14.5 …
Read More »Stand Together Foundation Announces Next List of Nation’s Top Performing Nonprofits to Join Its Ranks
ARLINGTON, Virginia., May 11, 2021 / PRNewswire / – Today, Stand Together Foundation announced that 12 new nonprofit partners are joining its Catalyst Program, experience in management and leadership development designed to help top performing organizations increase their efficiency and show the country a better way to fight poverty. Selected …
Read More »CRIMSON WINE: Discussion and analysis by management of the financial situation and results of interim operations. (form 10-Q)
Statements included in this Report may contain forward-looking statements. See "Cautionary Statement for Forward-Looking Information" below. The following should be read in conjunction with the Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") and the Company's audited consolidated financial statements for the year ended December 31, …
Read More »Amex goes beyond cards to appeal to small businesses
American Express wants to bring more of its technologies and services to the small business market to expand its base beyond businesses that only use its payment cards. Small and medium-sized businesses are an important segment for Amex, accounting for 21% of its total global loan mix and 34% of …
Read More »OpenClose brings non-QM guidelines and pricing improvements to PPE
Open close, a mortgage fintech and omnichannel loan creation system, has enhanced its DecisionAssist product and pricing engine to accommodate non-agency and non-QM custom loan programs. The improvements extend accurate and instant decision results for non-traditional lending programs, according to a press release. OpenClose has developed new data points and …
Read More »Kennedy Funding Closes $ 1.3 Million Industrial Property Loan in Western Massachusetts
ENGLEWOOD CLIFFS, NJ, May 11, 2021 / PRNewswire / – Kennedy Funding (kennedyfunding.com), one of the main direct private lenders in United States, today announced the closing of a $ 1.3 million loan to Hampden Papers, Inc. The proceeds of the bridge loan will be used as working capital for …
Read More »Education Loan Financing (ELFI) Student Loan Refinancing Review
Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on links to products from our affiliate partners. To help their children finance their college education, many parents take on debt in the form …
Read More »Everything You Need To Know About Tax Refund Loans – Forbes Advisor
Editorial Note: Forbes Advisor may charge a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. Getty Finding out that you are getting a tax refund is really exciting. It’s the biggest deal a lot of people …
Read More »Antun Welcomes Small Business Program | Queenswide
Antun’s of Queens Village, an event space, hosted small business owners last week for a restaurant and hospitality recommendation program hosted by Ree Brinn and the National Small Business Chamber of Commerce. “We make sure these businesses thrive, and if we don’t work together, it won’t happen,” said Brinn, a …
Read More »CornerStone Education Loan Services Overview
CornerStone Education Loan Services was once a major loan manager for the US Department of Education. But in 2020, the company suddenly canceled its contract with the Education Ministry, leaving 1 million borrowers in limbo. If you had a CornerStone loan, here’s what you can expect when transferring. What happened …
Read More »What is considered a good credit score
What you need to know about credit scoring Credit scores are used to predict the likelihood that you will repay the funds on time, so make sure you have a good credit score so that lenders feel much more comfortable lending you money. Anything you do can and will affect …
Read More »Ares raises € 11 billion private debt fund amid rush for alternative lending
U.S. investment group Ares has raised € 11bn for one of the world’s largest private debt funds, as lightly regulated alternative lenders step up attempt to supplant traditional banks and bond markets as a result of the pandemic. The fund will be the largest of its kind in Europe, according …
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