For many young people with a student loan, it’s a struggle to get a mortgage signed off towards home ownership and the housing crisis hasn’t made this easier. But new government changes might finally be addressing this issue. The government has announced it is working with financial regulators to update their guidance on how HELP…
SAN JUAN – The executive director of a federal control board that oversees Puerto Rico’s finances said that it is “impossible” for the U.S. territory to pay the $8.5 billion bondholders are demanding in a bankruptcy case involving the island’s power company. Robert Mujica Jr. unveiled a new fiscal plan for Puerto Rico’s Electric Power…
Ippei Mizuhara, the former interpreter for Japanese baseball star Shohei Ohtani, was handed a prison sentence of four years and nine months on Thursday for embezzling nearly $17 million from the Dodgers’ two-way player to cover his illegal gambling debts. The sentence was given by U.S. District Judge John Holcomb, who also ordered the 40-year-old…
The Truth About Bruno Mars’ Gambling Debt Rumors (& What He Allegedly Owes) MSN Read the original article here
The definition of “near term” will be the focus of consultation between the banks and APRA, but it is expected lenders will make their own judgments based on the individual circumstances of customers. In another move aimed at increasing credit to younger home buyers, APRA will drop the requirement that HELP debts are included in…
MENLO PARK, CA — February 11, 2025 — (NOTICIAS NEWSWIRE) — Mainspring Energy today announced the expansion of its channel sales network into new markets and geographies, accelerating adoption of the company’s Linear Generators with the addition of three new resellers. The program welcomes dGEN Energy Partners, Gould Group, and INF Associates to the team…
The Albanese government is promising to make it easier for young Australians with student debts to buy a home by urging regulators to reassess the role of those debts for banks granting mortgages. Student debt is often taken into consideration by lenders who consider the impact of the debt on income. The federal government has…
Treasurer Jim Chalmers has revealed how Aussies with HECS debt could find it easier to get a home loan, while mortgage broker Maddie Walton explained how the system works now. (Source: Getty/Supplied) Australians with HECS debt may find it easier to buy a property after a “common sense” government push for student loans to be…
ABA Welcomes Further Clarity On Treatment Of HELP Debts The National Tribune Read the original article here
(Bloomberg) — If it were like most companies on the losing end of a boom and bust cycle, Schwazze could just turn to the US bankruptcy court to keep its creditors at bay while renegotiating its debt. But unlike most businesses, its product — marijuana — is still illegal in the eyes of the federal…