A major overhaul of the federal student loan repayment system is coming in 2026. The changes stem from President Donald Trump’s One Big Beautiful Bill Act (OBBBA), which was signed into law in July.
Aboitiz Power Corp. has disclosed today that the Thunder Consortium—led by its renewable energy arm—has secured up to PHP 70 billion in bridge loan facilities to partly fund its acquisition of the ...
Having trouble trying to figure out how the U.S. consumer is doing lately? You aren’t alone. Now, the increasing migration of consumer lending to less-visible parts of the financial system is only ...
Minneapolis author Kristin Collier released a memoir, "What Debt Demands: Family, Betrayal and Precarity in a Broken System," on Nov. 18. CHRIS FARRELL: This is Minnesota Now. I'm Chris Farrell, and I ...
Elliott Investment Management agreed to purchase loans from Klarna in a two-year term agreement that could involve $6.5 billion worth of loans. As part of the agreement, Klarna will sell part of its ...
NEWPORT NEWS, Va. — The U.S. Army has taken a significant step to modernize how it manages Soldiers’ training data. On Nov. 15, ATIS Training — a streamlined, intuitive platform for managing ...
CTM Asset Management LLC (“CTM”), a CLO manager formed and sponsored by Chatham Asset Management in 2024, today announced that it has closed a $408 million Collateralized Loan Obligation (CLO) ...
The Internal Revenue Service is giving auto lenders some breathing room on new reporting rules tied to the "One Big Beautiful Bill Act," the sweeping tax and spending law signed July 4 by President ...
BLDG Management and Metrovest Equities have secured $40 million in acquisition financing to buy the Beach Retreat & Lodge at Tahoe, a destination hotel in Lake Tahoe, Calif., which will be ...
Movement Mortgage has launched its new loan origination system, MORE LOS, completing a three-year technology overhaul to enhance efficiency and collaboration across its operations. AI Summary Movement ...
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Zions ZION unexpectedly announced on Oct. 15 that it had identified apparent misrepresentations and contractual defaults by two of its borrowers. Zions will take a provision of $60 million and a ...
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