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    News and Articles on Loan Payment

    Archives: Loan Payment

    Ace files for bankruptcy  Nov 18, 2009
    The bankruptcy stems from an ongoing financial dispute between the two stores and MBank, which had filed a civil suit in 46th Circuit Court last month alleging the businesses owed the bank around 672,000 on five different bank notes, which had either come due or the bank had not received a monthly loan payment on since June. - Advertisement - The two stores were closed briefly in early October after MBank had been granted a temporary restraining order in circuit court Oct. 2 to prevent Ace and... (Gaylord Herald Times, MI)

    GM to make 1st US loan payment  Nov 17, 2009
    Last Updated: 2:40 AM, November 17, 2009. Posted: 2:23 AM, November 17, 2009. (New York Post -- Business)

    Federal officials see foreclosure crisis up close in Brockton  Nov 2, 2009
    That amount is due now, said Andrade, 32, whose house is near foreclosure as he attempts to modify a monthly loan payment of $2,300 while running a graphic design business from his home. His audience on the bus included community activists, civic leaders, and representatives from the Federal Reserve in Washington and the Federal Reserve Bank of Boston. (Boston Globe)

    Rensselaer Honda expanding service unit  Oct 31, 2009
    James also plans to sell used autos at the new location, and possibly offer a buy here, pay here loan payment plan. He expects to beat the company s 2008 revenue, which was $50. (Albany Business Review, NY)

    Desperate farmers sell wives  Oct 25, 2009
    "I sold my water engine and land and gave back his 30,000 rupees," the farmer says, describing his $600 loan payment. The farmer, whom CNN is not identifying to protect his wife and children, says the lender then asked him to send his wife to help with chores while the lender's wife was sick. (CNN -- World)

    Council approves required changes to employee retirement  Oct 22, 2009
    Claims for the Alva Utility Authority which included a loan payment for the Homestead were paid totaling $54,335. 04. (Alva Review Courier, OK)

    Can’t afford your student loan payment? Maybe you should push pause  Oct 21, 2009
    Can t afford your student loan payment ... Can t afford your student loan payment. (Boston Globe)

    Redstone's $1Billion Sell-Off  Oct 18, 2009
    With roughly $1 billion in proceeds coming from the stock sales, NAI will easily make its most-pressing loan payment, a $500 million obligation due next month. And coupled with a planned sale of some of 35 of its non-core theaters, mostly in the Midwest, the company will be able to shave a considerable amount off the remaining $1. (Multichannel News)

    One program shouldn't jeopardize many  Oct 13, 2009
    How will they balance next year's budget with an additional 210,000 loan payment AND more state cuts; with further increases in class sizes, elimination of counseling services, elimination of more electives, reduced maintenance at the three schools sites, elimination of library services, and cuts in English language learners support curriculum. So what can be done. (Lodi News Sentinel, CA)

    Check out the risks of defaulting on your car loans?  Oct 6, 2009
    Technically, a car loan default happens when a customer repeatedly fails to make the agreed car loan payments to the lender/bank that lent the money for its purchase ... Having said this it is vital to know what you should be doing when you wake up to the fact that you might have big difficulties in making your car loan payment for the month and avoid being tagged a customer at 'default ... The problem starts when you fear the inability for the car loan payment start to avoid the lender/bank. (India Times)

    Health care bills may be hardship for many  Oct 5, 2009
    Maybe it's less than the rent, but it's probably more than a car loan payment. Kaiser's calculator doesn't take into account co-payments and deductibles that could add hundreds of dollars, even several thousand, to a family's total medical expenses. (MSNBC -- Politics)

    Brelsford waives preliminary hearing  Sep 25, 2009
    The audit states that in December of 2008, a former employee in the County Clerk's office increased the amount of a bank loan payment by 2,500 and received the extra money back in cash. "Some monetary awards and gifts purchased with county funds were given to employees of the Detention Center, Sheriff's Department, 911 Center and Prosecuting Attorney's office. The items were not reported on employees' W-2 forms nor subjected to tax withholdings, and included: four laptop computers and software (... (Cameron Observer, MO)

    Fund balance causes issues  Sep 24, 2009
    Commissioners and the school board have already taken several steps in the financing process for the roof project, including an agreement by the school board to give the county a lien on East Middle as collateral for the loan, gathering preliminary rate information from local lending agencies, bidding for project engineering services, including the loan payment in the current budget and passing a resolution to seek loan approval from the LGC.. The roofs will be a battle for us, Finance Officer... (Troy Montgomery Herald, NC)

    Bill could increase student aid; narrow borrowing choices  Sep 23, 2009
    "When people lose their jobs or are working less, they typically have to prioritize things like housing and food. Sometimes they're not able to make a payment like a student loan payment - that might lead to create a default," said Paul Wagner, deputy commissioner of the state's higher education department. If the Senate gives student loan reform the OK, an altered system could help students by offering more grant money -- which doesn't require repayment -- but also has the potential to disrupt... (Fulton Sun, MO)

    Editorial: Invest now, save energy tomorrow  Sep 22, 2009
    The loan payment is attached to the borrower's property tax bill. That is what makes the program truly innovative. (Sacramento Bee -- Opinion)

    Drinking pals  Sep 22, 2009
    "It was hectic and I spent a huge amount of money. I had just got my first student loan payment, the most money I had had in my life. "So you think 'Oh my God, I can do whatever I want, eat whatever I want and drink constantly. " Now it's all about to happen again - as Tom embarks on a masters degree in Cambridge. But, older and wiser, he expects this Freshers' Week to be a quieter affair. It will be second time round for him but this week, half a million students begin university life for the... (BBC News -- UK)

    Backlash against banks growing over mortgage modifications  Sep 13, 2009
    (That program provides financial incentives to lenders to lower interest rates or stretch out loan payment times to make payments more affordable to borrowers. The government said Wells Fargo had modified just 6 percent of its eligible loans. (Bismarck Tribune, ND)

    FDIC: Cut mortgage payments for the jobless  Sep 12, 2009
    The banks, which bought failed lenders, should reduce the loan payment to an affordable level for at least six months for homeowners who are without a job or underemployed, the FDIC said yesterday in a statement released in Washington. This is a win-win for the borrower, who can remain in his or her home while looking for a new job, and the acquiring institution, which continues to receive payments on the loan, FDIC chairwoman Sheila Bair said in the statement. (Boston Globe)

    Kiss Those Student Loans Goodbye  Sep 11, 2009
    With looming monthly student loan payments of around $200 a month hanging over his head, the recent college graduate was starting to worry about how he'd meet his debt obligations, fearful that creditors would harass his parents who co-signed his loans if he couldn't come up with the money ... Raymar Hampshire, co-founder of a volunteer group called , presented Agyeman with a tempting offer: volunteer in the local Pittsburgh community several hours a week and receive a stipend that would help to... (BusinessWeek)

    Debt Closes In On Celebrated Photographer  Sep 7, 2009
    NEW YORK (September 6, 2009)--Annie Leibovitz's artsy, provocative portraits of celebrities regularly grace the covers of Vanity Fair and Vogue and the images have made her as famous as her subjects and earned her millions. But Leibovitz risks losing the copyright to the images and her entire life's work if she doesn't pay back a $24 million loan by Tuesday. (KWTX.com, TX)

    Developments popping up in Lawtey despite economy  Sep 6, 2009
    That new revenue easily taken up by the $46,630 loan payment the city must make for construction of the sewer system (the third such payment the city has made on the loan, although the project has yet to generate any money at all). Scott highlighted the revenue shortfall during a budget workshop last week, but said the proposed budget does not take into account the unknown amount of taxes that will be generated by the new businesses. (Bradford County Telegraph, FL)

    The Young Pro  Sep 5, 2009
    Thursday, January 1, 2009 2:28 PM EST. Harkins is The Citizen's innovation coordinator, an active member of the IGNITE young professionals group in Cayuga County and is always happy to hear from fellow young pros. (Auburn Citizen, NY)

    With a variety of new rules taking effect soon, truth in lending is the goal  Sep 3, 2009
    Loan servicers, the companies that collect mortgage payments, will be prohibited from failing to credit a loan payment on the date it is received. Servicers can t snatch a late-payment fee from a borrower s monthly loan payment without giving advance notice, providing borrowers a chance to make sure they are making a full loan payment to avoid being hit with a dizzying array of fees. (Boston Globe)

    Tenants win injunction against Page Mill  Sep 3, 2009
    But they aren't investing in the community; they are investing in illegal, dangerous tactics, a high stakes investment game that as of this writing, has left them struggling to pay their 50 mil balloon loan payment. They have laid off employees, many of whom live here on the west side in PMP units. (Palo Alto Online, CA)

    When a reverse mortgage works - it's debatable  Sep 1, 2009
    Our plan is to add $1,000 a month as principal reduction to the required $1,500 loan payment thus paying the same as before and paying off the loan in 12 years. Is there anything wrong with this plan. (San Francisco Chronicle -- Business)

    Atlas Oil and Gas Names Thomas J. Cunningham as Its New President, With a Focus On Potential Major Exploration and Production Projects  Aug 22, 2009
    " Safe Harbor Statement This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the company's operations, financial performance and condition. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The company cautions that these... (Primezone Releases)

    GetFugu Retains Cresta Capital as Its Investment Banker and Engages Marcum LLP as Its Independent Auditor  Aug 21, 2009
    " Marcum LLP was founded in 1951 and has grown to be one of the largest accounting firms in the U.S. with a significant SEC practice. Marcum LLP is also a founding member of the Leading Edge Alliance which is an international group of independently owned accounting firms. GetFugu has assembled an experienced executive management team and board, including Telepictures Corporation founder Michael Jay Solomon past President of Lorimar Telepictures and Warner Bros. International Television, Bernard... (Primezone Releases)

    Oak Grove accepts sewer ordinance  Aug 14, 2009
    The council agreed that the department has the funding to cover the costs of the loan payment, but tabled the discussion until it is known whether a new ordinance would be necessary to allocate the funds. Article Rating. (Paragould Daily Press, AR)

    Meyersdale sewer rates to rise  Aug 12, 2009
    The rate hike is a direct result of state-mandated sewer projects that left the borough with a more than 2 million debt. State officials have said public health and safety is the primary reason for the work orders. (Somerset Daily American, PA)

    PremierWest Bancorp Announces Second Quarter Results  Aug 12, 2009
    Credit monitoring activities have escalated since the beginning of the fourth quarter of 2008 to provide early warning of possible borrower distress that could lead to loan payment defaults. The pre-emptive credit monitoring and early warnings are intended to provide additional time to seek viable alternatives with the borrower. (Primezone Releases)

    When Does a Reverse Mortgage Make S...  Aug 10, 2009
    Someone who needs additional income really doesn t need an additional loan payment, and tighter lending practices may make it tougher to qualify for these loans. A reverse mortgage can be a practical alternative that provides additional income, allows the retiree to remain in the home, and does not require monthly payments to repay the loan. (Suite101.com)

    Business: Stimulus programdriving local auto sales  Aug 9, 2009
    Compared to what Moon pays in gasoline and other expenses for his employees to use their car for travel, he is saving $300 a month with the loan payment he makes on the new car at the gas pump, he said. Local car dealers say the CARS program has generated a lot of interest in an industry that has been severely hurt by the recession. (Athens Banner-Herald)

    Second quarter is rough on hotel companies  Aug 7, 2009
    1 million first mortgage on the company s Hyatt Regency Dearborn, that the company would not make its June loan payment and would fully cooperate with the lender for a consensual foreclosure or a deed in favor of lender in lieu of foreclosure. Based on this decision, the company faced another impairment charge of $10. (Dallas Business Journal, TX)

    SBA-backed startups failing in Northern San Joaquin Valley  Aug 5, 2009
    Then loan payments stopped ... He said his company sent a loan payment as recently as June, but the bank sent back the money, saying the defaulted loan had been turned over to the SBA for payment. (Modesto Bee, CA)

    Absa insists new order prevents farm return  Aug 2, 2009
    He continues: "Further, it would be or is highly irregular for a bank to make a loan payment before entering and concluding a loan agreement with a person or corporate body. "Hence it can be concluded that Absa made the loan payment to a corporate body, person or people known to Absa and that my properties were merely used as security for the said loan and also Kleindoornkop Broedery became liable for the repayment of loan instalment due to the loan agreement. " BUSINESS SERVICES MOBILE SERVICES... (Business Report, South Africa)

    Midway considers late water bills  Jul 30, 2009
    - note that a bi-annual loan payment of 10,505 to the U.S. Department of Agriculture is due in July. - table discussion on what to do with the lot where the old firehouse was recently dismantled and removed. (Madisonville Meteor, TX)

    Streeterville condo conversion hit with foreclosure suit  Jul 30, 2009
    The bank alleges that the developer of the project at 222 E. Pearson St., an entity formed by Ganesan Visvabharathy, missed its February loan payment and failed to pay off the $6. 8-million loan balance when it came due in March. (Crain's Chicago Business)

    Joan Rivers Explores the Lifestyles of the Fabulously Rich... and Lucky When 'How'd You Get so Rich?' Premieres on TV Land on Wednesday, August 5 at 10 P.M. ET/PT  Jul 30, 2009
    "Wednesday, September 2, 10 p.m. ET/PT - 106Meet James Goldstein, a fashion junkie who spends over $1 million on clothes - a year! And even more spectacular than his wardrobe? A house that is dangerously designed! Then, Joan meets Bobby Boudreaux, a man with money up the wazoo - from an invention called Butt Paste. And our youngest millionaire, Gary Clegg, snuggles up with Joan - and the millions he made from putting arms on a blanket and calling it The Slanket.Wednesday, September 2, 10 p.m.... (Yahoo! Wire -- Entertainment News)

    Arbitron Responds to GAO Inquiry of PPM  Jul 29, 2009
    " The PPM radio audience estimates are currently used as the basis for buy/sell transactions of radio commercial time among subscribing stations, agencies and advertisers in 20 major U.S. markets.About the Portable People Meter The Arbitron Portable People Meter system uses a passive audience measurement device - about the size of a small cell phone - to track consumer exposure to media and entertainment, including broadcast, cable and satellite television; terrestrial, satellite and online... (Yahoo! Wire -- Entertainment News)

    id Software's Wolfenstein(TM) to Co-Sponsor the 'Inglourious Basterds' Premiere  Jul 29, 2009
    " Buzz up! Related Headlines - AP - PR Newswire - at Minyanville.com - PR Newswire - at CNBC Related Blog Headlines - at Seeking Alpha - at Seeking Alpha - at Seeking Alpha - at Seeking Alpha - at The Wall Street Journal Online Top Stories - AP - AP - AP - AP - AP Related Message Boards Sponsored Links Calculate Your New Loan Payment. See Loan Rates, No Credit Check Req. Take Advantage Of Low Refi Rates For Home Loans Up To $3 Million. Get Your Degree Now. Financial Aid rships are available.... (Yahoo! Wire -- Entertainment News)

    Crystal Fall Savings Roundup  Jul 28, 2009
    Save more than $1,000 and enjoy a $1,000 per person 'All Inclusive - As You Wish" shipboard credit for the 22-day combination of two Panama Canal transit sailings.Big Savings on Thanksgiving VoyagesSave 50% or more off Crystal Symphony's wine and food focuses, Amazon journey, or Crystal Serenity's jazz cruise through the Caribbean, both departing November 22.Value Collection SailingsSave up to 50% on seven sailings through the Panama Canal, South America, New England and Canada, Caribbean and... (Yahoo! Wire -- Entertainment News)

    Fox Reality Channel's Original Series Househusbands of Hollywood Premieres August 15th at 9p/8c  Jul 28, 2009
    "market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-14400", "open" : "1248787815", "close" : "1248811215", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". Search for share prices. (Yahoo! Wire -- Entertainment News)

    Hines, Sterling to surrender S.F. building  Jul 28, 2009
    Hines and Sterling did not make a scheduled loan payment on June 9. The lenders are expected to initiate foreclosure proceedings. (East Bay Business Times, CA)

    Bicycle Casino Celebrates 25th Anniversary With Opening of Luxurious New Event Center  Jul 27, 2009
    2nd way: Enter the Sports Legends Challenge Free Roll - just text in the code "BIKE" to 53203" and you'll be directed to the sign up page on the Bike's cool new website. Fill in all the info and you're in. (May be limited to the first 600 registered).For further information on Bicycle Casino events, go to or call the Welcome Center at (562) 806-4646 ext 545. Buzz up! Top Stories - AP - AP - AP - AP - AP Sponsored Links Calculate Your New Loan Payment. See Loan Rates, No Credit Check Req. Make... (Yahoo! Wire -- Entertainment News)

    No progress on new tax breaks for Hotel Utica  Jul 24, 2009
    Hotel Utica also has not made a loan payment since December 2008, and overall hasn t come near fulfilling its loan obligations, city Deputy Comptroller Peter Fiorillo said ... Meanwhile, the city has made regular loan payments totaling $4 ... Councilman Frank Meola, D-at large, pointed out that every time Hotel Utica misses a loan payment, it s subsidized by city taxpayers. (Utica NY Obserer, NY)

    Housing authorities-owned land avoids foreclosure  Jul 22, 2009
    Ambling Development Partners, the developer the Melbourne authority contracted with, was to have found an investor by now, and the loan payment would have been made, Jones said. Melbourne Housing Authority doesn't have money to pay the loan. (Florida Today)

    Plan to Pay Off King Papers Up for Council Vote  Jul 21, 2009
    Last year, the city granted $40 million in bonds to the museum to help build the project, and the loan payment would come from those funds. (Copyright 2009 by The Associated Press. (13WMAZ.com, GA)

    Canadian Hydro Comments on TransAlta's Announcement of Intention to Make an Unsolicited Offer and Advises Its Shareholders Not to Take Any Action Until Further Notice  Jul 21, 2009
    Calculate Your New Loan Payment. See Loan Rates, No Credit Check Req. (CCNMatthews Press Releases)

    Museum to pay off King papers loan  Jul 21, 2009
    Last year, the city granted $40 million in bonds to the museum to help build the project, and the loan payment would come from those funds, officials said. In June 2006, Atlanta Mayor Shirley Franklin led an 11th-hour coup to buy the Morehouse King Collection days before its planned public auction at Sotheby's in New York. (Athens Banner-Herald)

    Nimbuzz Loves Apple  Jul 17, 2009
    "About NimbuzzNimbuzz is a multi-community mobile social messenger combining Instant Messaging, (geo) presence, and VoIP. The free application lets users connect and interact with their buddies across popular communities, including Skype, Windows Live Messenger, Yahoo! Messenger, ICQ, Google Talk, AIM, and social networks including Facebook and MySpace.Blog: Media Kit: Buzz up! Top Stories - AP - AP - AP - AP - AP Sponsored Links Calculate Your New Loan Payment. See Loan Rates, No Credit Check... (Yahoo! Wire -- Entertainment News)

    CIT Says Government Bailout Is Unlikely, Fueling Speculation of Bankruptcy  Jul 16, 2009
    Whats next is that theyre going to have to scrape for capital to meet the next loan payment and its highly likely that theyre going to file for protection. . (Bloomberg)

    Rules to ease student loan repayments...  Jul 3, 2009
    The program allows borrowers to set their monthly loan payment at 15 percent of their annual adjusted gross income. Under the traditional 10-year plan, a borrower who graduated with $25,000 in student loan debt and whose income is $30,000 a year would pay $288 a month at an interest rate of 6. (CNN -- Law)

    Your say Have you been affected by NetBank's woes?  Jul 1, 2009
    then they slug me $30 for missing my first housing loan payment in 22 years. Which bank. (Sydney Morning Herald -- Business)

    Moniteau County SB40 board minutes from April 28  Jun 25, 2009
    The loan payment at Central Bank was paid in the amount of 25,000 plus interest of 4,597. 23. (California Democrat, MO)

    New program could reduce student loan payments  Jun 25, 2009
    If you earn more, your monthly loan payment will be capped at 15 percent of your annual income that exceeds 150 percent of the poverty level, divided by 12 ... A new income-based repayment plan pegs certain student loan payments to 150 percent of the poverty level. (San Francisco Chronicle -- Business)

    Student Loan Default  Jun 22, 2009
    An individual can face financial and even legal issues when evasion of a student loan payment occurs ... Avoiding or evading a student loan payment is no laughing matter ... Student Loan Payment Options. (Suite101.com)

    Perdue loan still a big puzzle  Jun 1, 2009
    On Friday, May 22, Brantley said Perdue might be willing to show loan payment documents to a reporter, and the Journal-Constitution delayed publication of an article on the matter. But last week, Brantley said Perdue had decided to release no records. (Atlanta Journal-Constitution)

    County establishes tax abatement guidelines (98)  Jun 1, 2009
    2,049 budgeted for a loan payment on a fire truck will be applied to the principal on a note for expansion of the fire station at the Waring Volunteer Fire Department. 1600 in an office furniture line-item will be used to purchase computer equipment for Health Inspector Brenda Bell. (Boerne Star, TX)

    PDC buys loan for Heritage facility  May 28, 2009
    The company is current on its loan payments, but it has struggled to fill the building amid a crippling recession ... He stressed that his company hasn't missed a loan payment and will pay about $250,000 in attorney fees and added interest costs to work through the default. (OregonLive, OR -- Business)

    Pens’ win nets big score for printing company  May 28, 2009
    Daily American Online - Pens win nets big score for printing company. The series-clinching goal sent Hollern and 20 of his employees to work Tuesday night for a late-night printing session, as the company rushed to fill an order of 15,000 shirts celebrating the team s second consecutive Eastern Conference championship. (Somerset Daily American, PA)

    Relief planned for former Yorktowne employees  May 28, 2009
    DAS wrote on May 27, 2009 2:33 PM:" I don't think the employees should have to pay anything back at all. It wasn't their fault, and they have likely used the money to buy groceries and pay bills - now they will get stuck with a loan payment they didn't anticipate. Woohoo, so what if it's interest free....the company made the mistake - they should have to deal with it. ". Name. (Chatham Star Tribune, VA)

    Hotel Utica struggling in weak economy  May 21, 2009
    Tax and loan payments are late again ... In the meantime, the city continues to use hundreds of thousands of dollars of Community Development Block Grant funds a year to make the loan payments to the U.S. Department of Housing and Urban Development ... The hotel has not made a loan payment to the city since December and owes $6. (Utica NY Obserer, NY)

    Ashland raises senior note offering  May 21, 2009
    The company will use the funds raised through the sale, along with available liquidity, to repay a bridge loan and pay fees and expenses related to the senior note offering and bridge loan payment. Ashland (NYSE: ASH), headquartered in Covington, is a chemical and materials services company. (Cincinnati Business Courier, OH)

    Letter: URD financing a good idea, and no mystery (May 15)  May 15, 2009
    You can t make the loan payments on your current salary, but you hope to get a raise next year, which would enable you to meet the loan payments comfortably ... The final loan payment would have to be before retirement while you still have a healthy income stream. (Corvallis Gazette Times, OR)

    Ashland seeks to raise $600M to repay loan  May 14, 2009
    Covington-based Ashland (NYSE: ASH) will use the funds raised through the sale, along with available liquidity, to repay a bridge loan and pay fees and expenses related to the senior note offering and bridge loan payment, the chemical company said in a news release. Ashland is the parent company of Ashland Aqualon Functional Ingredients, Ashland Hercules Water Technologies, Ashland Performance Materials, Ashland Distribution and Ashland Consumer Markets, which includes Valvoline, Pyroil, Zerex,... (Cincinnati Business Courier, OH)

    Not all sub-prime  May 8, 2009
    Now, with the current loan payment practices, they can expect a credit score of 650 or higher within a year. Soon they may be eligible to get loans from mainstream banks in larger amounts. (BBC News -- Business)

    ' + dsq_num_posts + ' Comment' + (dsq_num_posts != 1 ? 's' : '') + '  Apr 29, 2009
    Federal Way Hawks president Mike Barnhart provided Federal Way police with a statement on April 9, and told them the league had located 10 unauthorized checks from two different accounts and a wire transfer for a loan payment to Citi Residential in the amount of $4,000, according to documents. "Barnhart stated all checks were signed by (the suspect) and not authorized by the FWJF board," documents said. (Enumclaw Courier Herald, WA)

    Lawyers get the axe  Apr 14, 2009
    "'We've received your resume. Thank you very much,'" said Brown, who made April's loan payment but is concerned about May. Karla Cortes, 33, lost her job as a Nature Conservancy attorney in November, only two years after graduating from American University's law school. (MSNBC -- Business)

    New reverse mortgage opens options for seniors  Apr 13, 2009
    The couple has decided to refinance the current mortgage balance now into an interest-only loan, which will reduce their monthly loan payment by more than half. Then when they reach age 62, they will refinance again into an HECM for Purchase loan, which will eliminate their house payments from then on, she said. (San Francisco Chronicle)

    New Problems for MGM and CityCenter Project  Apr 11, 2009
    Lerner does not expect MGM's partner in CityCenter, Dubai World, to come up with their half of a loan payment due Monday. If MGM extends a waiver with lenders to pay Dubai World's half, construction will continue on CityCenter in the short term. (KLAS-TV)

    Hicks defaults on loan; club unaffected  Apr 4, 2009
    In a statement from Hicks Sports Group LLC on Friday, Hicks said that the company had decided not to make last week's loan payment, due this past Tuesday. "We are simply asking the lenders to be reasonable," Hicks said. (MLB.com -- Texas Rangers)

    MGM Looking for Partners for CityCenter  Apr 3, 2009
    Just last week, the current partner, Dubai World, did not come up with $100 million to cover their half of a loan payment on the project ... Just last week, the current partner, Dubai World, did not come up with $100 million to cover their half of a loan payment on the project. (KLAS-TV.com, NV)

    Oakland As, S.F. Giants vs. slump  Apr 3, 2009
    Their money helps the team pay its roughly $18 million annual loan payment for the privately financed AT&T Park. Unlike many teams in baseball, the Giants only sell season tickets for all the team s 81 home games. (East Bay Business Times, CA)

    Report finds U.S. mortgage problems increasing  Apr 3, 2009
    7 percent of people whose loan payment were reduced by more than 10 percent had fallen behind by 60 days or more ... 8 percent of people whose loan payments had increased were 60 days or more delinquent. (San Francisco Chronicle -- Business)

    Your views: Economic unrest  Apr 2, 2009
    The Federal Reserve was persuaded to reduce interest rates to bank and lending institutions to make more expensive housing available at near-existing loan payment levels. When responsible borrowers fulfilled their upgraded housing needs and the market slowed, the Fed was persuaded to continue to lower interest rates. (Florida Today)

    Estate Planning - Budget as Part of an Estate Plan  Apr 1, 2009
    I know "budget" is a nasty word in the minds of a lot of people, but without a budget you just don't have a plan. You simply have money and you spend it with perhaps nothing to show for it. (Missourian Publishing, MO)

    MGM Mirage Makes Required Payment For CityCenter  Mar 28, 2009
    MGM Mirage averted disaster Friday when it made a $200 million loan payment on Project CityCenter. MGM's partner in the project, a subsidiary of Dubai World, did not come up with its half of the payment so MGM paid it for them. (KLAS-TV)

    Bi-Lo chain files for bankruptcy  Mar 24, 2009
    com Grocery chain Bi-Lo Monday filed for Chapter 11 bankruptcy protection to avoid closing as it faces a loan payment ... Grocery chain Bi-Lo Monday filed for Chapter 11 bankruptcy protection to avoid closing as it faces a loan payment. (Athens Banner-Herald)

    Mokulele now 50%-owned by Republic  Mar 21, 2009
    In February, Mokulele had trouble making a $300,000 loan payment to Republic as part of a service agreement in October 2008 to add four 70-seat Embraer 170 jets for interisland service between Honolulu, Lihue on Kauai, and Kona on the Big Island. Republic also supplied an $8 million line of credit to Mokulele as part of the agreement. (Pacific Business News, HI)

    NUGS Press release  Mar 20, 2009
    The secretariats have had all the patience in demanding for the loan payment and now WOULD WANT TO RESORT TO A MORE STRINGENT APPROACH IN ORDER TO HAVE OUR LOANS. Information reaching us from our research team indicates that FUNDS ARE UNAVAILABLE TO THE SLTF FOR DISBURSEMENT. REASON: GETFUND HAS NOT RELEASED FUNDS TO THE LOAN TRUST FUND GETFUND BOARD WAS DISSOLVED AND RECONSTITUTED FUNDS HAVE NOT BEING RELEASED BY GOVERNMENT.. ROOT CAUSE IS THE DELAY BY GOVERNMENT WE ARE CALLING ON ALL... (Ghana Web, Ghana)

    Court order aids 13 Valley apartment complexes  Mar 20, 2009
    It's a move that could force foreclosures for investors who bought at the market's peak, even if they never missed a loan payment. The practice is unheard of in the single-family housing market, and Congress needs to stop it, Simplot said. (AZCentral -- News)

    Financial management service now being offered  Mar 12, 2009
    If necessary, counselors can contact creditors to work out loan payment agreements, at no cost to the member. We strive to provide our members with services to meet all aspects of their financial needs, said Grinde. (Forest Republican, WI)

    185th lands first internal medicine doctor  Mar 10, 2009
    According to 1st Lt. Zac Johannsen, a medical administrative officer with the 185th, Copple is eligible for a 50,000 student loan payment and a 75,000 cash bonus. "Those are nice incentives," Johannsen said. (Sioux City Journal)

    New house in Candler Park going geothermal  Mar 10, 2009
    The installer in Candler Park, GeoThermal Energy Systems of Norcross, says the couple s monthly energy savings will be about $60 greater than their loan payment on the system and that, over 20 years, they could save $26,000 in energy costs. Another big plus of geothermal is the tax savings. (Atlanta Journal-Constitution -- Metro)

    Creditor seeks to seize Gottschalks' aircraft  Mar 3, 2009
    Gottschalks "is now two months delinquent in its loan payments and ... cannot cure this default," the creditor contended in court documents, adding that the company failed to pay up before filing its bankruptcy petition. The monthly loan payment is about $40,000. (Fresno Bee)

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