Accounts

What prompts non-banks to buy banks? Cheap deposits

Like other non-bank lenders who recently made deals to buy banks, DLP Real Estate Capital was largely motivated by the ability to collect low-cost deposits to fund its loans. The private real estate investment company said that the $ 97.8 million Sunnyside Bancorp asset could also handle cash flow and …

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KBRA assigns preliminary ratings to BXMT 2020-FL3

NEW YORK–(COMMERCIAL THREAD) – Kroll Bond Rating Agency (KBRA) announces preliminary ratings assigned to eight classes of BXMT 2020-FL3, a $ 1.0 billion CRE CLO. The transaction includes the ability after closing to acquire stakes in loans linked to the collateral for the transaction, modify up to 20 sound loans …

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KBRA assigns ratings to FREMF 2021-K126 and Freddie Mac Structured Pass-Through Certificate Series K-126

Kroll Bond Rating Agency (KBRA) is pleased to announce four classes of FREMF Mortgage Transfer Certificates Series 2021-K126 and three classes of Structured Pass-Through Certificates (SPCs) Freddie -Mac, K-126 series. FREMF 2021-K126 is a $ 1.3 billion CMBS multi-borrower transaction. Freddie Mac will guarantee six classes of certificates issued under …

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With loan money gone, restaurants are at the mercy of coronavirus | FOX 4 Kansas City WDAF-TV

This is an archived article and the information in the article may be out of date. Please look at the history’s timestamp to see when it was last updated. NEW YORK – The check has arrived and beleaguered restaurateurs across America are staring down at their empty wallets. Government loans …

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IPA registration is a must for small businesses

March 19, 2021 The National Development Bank Limited urges local MSME businesses to be registered with the Investment Promotion Authority before applying for Micro, Small and Medium Enterprise (MSME) loan packages. Acting Managing Director Aaron Underdown said this was one of the important requirements that local MSMEs must meet in …

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LA Lakers Returns $ 4.6 Million From Stimulus Loan Program – The Hollywood Reporter

NBA the Los Angeles Lakers repaid a loan of approximately $ 4.6 million coronavirus business relief fund after learning that the program had run out. The Lakers applied for the loan under the Small Business Administration’s Paycheck Protection Program, which is part of the federal government’s $ 2.2 trillion stimulus …

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Bosnian political feuds delay use of IMF cash linked to coronavirus

Parliament and the Council of Ministers building in Sarajevo, Photo: EPA / Fehim Demir Although nearly three weeks have passed since the International Monetary Fund transferred 330 million euros to Bosnia and Herzegovina to tackle the coronavirus crisis, the country’s political leaders have yet to agree on how to distribute …

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In cash-strapped Wyoming, community votes for new hospital (When Citizens Pay More) – High Country News – Know the West

As the state cuts funding for utilities, cities and counties are looking to go it alone. A “Support the Hospital” patch on the lab coat of lab technician Vicki Haffey at the Pinedale Medical Clinic. Right, a patient room in the clinic. The county has just passed a ballot measure …

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How to apply for a personal loan

A A personal loan can be a useful way to cover one-time purchases or consolidate your debt into one fixed, manageable monthly repayment. But, before making a Personal loan request, it is helpful to know what information you will need, how your financial situation will affect the loan offered to …

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For Veterans Who Missed COVID Stimulus Cash Payments, VA and IRS Have a Quick Fix

Veterans Affairs and Treasury Department officials on Friday announced new plans to get coronavirus stimulus checks veterans who may have missed the first wave of payments because they typically don’t file tax returns or collect Social Security benefits. Federal officials have said that veterans who receive indemnities and VA retirement …

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