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The Atlantic

The Undoing of an Online Student-Loan 'Expert'
The Atlantic
Most companies of course want to get their promotional messages across to the public, but the student-loan industry in particular is one that has a large—and anxious—ready-made audience, many members of which regularly turn to media reports for ...
'Student Loan Report' Admits Its Founder And Editor Is FakeNPR
How fake student loan expert Drew Cloud fooled real peopleYahoo Sports
Widely quoted student loans expert exposed as fictitious creation of a for-profit companyChicago Tribune
The Chronicle of Higher Education -Washington Post -The Chronicle of Higher Education -The Boston Globe
all 21 news articles »


Inside Higher Ed

Pentagon on PROSPER
Inside Higher Ed
As Republican leaders look for support within their caucus to pass an ambitious higher education bill, their efforts are being complicated by opposition from an institution President Donald Trump said would be a key focus of his administration -- the ...



Washington Post

Colleges are using consultants to manipulate student loan default rates, GAO says
Washington Post
Researchers at the GAO found instances of consultants steering borrowers toward temporary postponement — a practice known as forbearance — over more beneficial options. In some cases, consultants sent borrowers who were past due on their loans ...
Colleges Encourage Alumni to Postpone Payments on Loans, Report SaysWall Street Journal
Actions Needed to Improve Oversight of Schools' Default RatesGovernment Accountability Office

all 4 news articles »


CoinDesk

BBVA Issues $91 Million Loan Using Two Blockchains
CoinDesk
Spanish banking giant BBVA has completed a pilot that issued a €75 million ($91 million) corporate loan using two different blockchain technologies. According to a report from the Financial Times on Thursday, the bank's latest exploration of the ...
BBVA Registers $91 Million Loan on Public Ethereum BlockchainCCN
Spanish BBVA Becomes First Global Bank To Issue Loan Using ...Cointelegraph
BBVA issues corporate loan using blockchainFinancial Times
Finextra (press release) -Reuters -Zacks
all 117 news articles »


NDTV

Indian police probe suspected $90 million loan fraud at IDBI
Reuters
MUMBAI (Reuters) - India's federal police agency said on Thursday it was investigating an alleged 6 billion rupee ($90 million) loan fraud at IDBI Bank (IDBI.NS), and former senior bank officials were among those being investigated. Searches were being ...
6 Billion Loan Fraud At IDBI BankNDTV
Loan Default Case: CBI Books Former Aircel Promoter's Firms, Two Bank ChiefsBloombergQuint
Serving, retired top officials of IDBI Bank booked by CBI in Rs 600-crore loan fraudMoneycontrol.com
The Wire
all 41 news articles »


TradeWinds

HSH Nordbank posts 2017 loss on bad loan portfolio sale | Reuters
Reuters
HSH Nordbank, whichis in the midst of a sale to buyout groups Cerberus and J.C.Flowers, posted a 2017 pretax loss of 453 million euros ($551million) on writedowns of bad ship loans.
Loan loss provisions hit $2.5bn at HSH NordbankTradeWinds

all 2 news articles »


ImpactAlpha

Swedish pension fund adds $100 million to Dutch SDG-loan fund
ImpactAlpha
More capital… The fund's first close was expected in late 2017, but was reportedly 25% higher than the initial target. SDG targets… FMO tracks the impact of its lending activities against the U.N. Sustainable Development Goals for work and economic ...



Press Herald

State Sen. Vitelli: Student loan borrowers are in dire need of consumer protections
Press Herald
AUGUSTA — Earlier this month, lawmakers in the Legislature came together to pass my bill establishing a “student loan bill of rights,” which puts in place basic consumer protection policies for student loan borrowers. I'm hopeful the governor will ...

and more »


GGP brings biggest pro-rata term loan of 2018
Reuters
NEW YORK, April 26 (LPC) - A US$7bn crossover loan package backing the US$15.3bn cash and stock acquisition of GGP, the second-largest mall owner in the US, by global commercial real estate giant Brookfield Property Partners LP, includes the biggest ...

and more »


Student Loan Hero (blog)

What does it mean to refinance a loan?
Student Loan Hero (blog)
Lower monthly payments mean you're going to pay more over the life of the loan because of the accruing interest. Even if it's less than your last loan, it can still raise your total payment. Refinancing isn't for everyone. If your income isn't steady ...


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