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Small business loan programs need cash ASAP – NEW YORK (CNNMoney.com) — Many state programs that help small businesses get loans they need to survive or expand are in jeopardy, victims of the economic downturn and state budget gaps. The programs.
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Developers could make bank from rollback of Dodd-Frank – So too, potentially, could Bank of the Ozarks, which with just $22 billion in assets as of 2017 is South Florida. lending. In the House’s bill, banks under $10 billion in assets will no longer have.
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Can’t pay mortgage? Maybe it can pay you – The money is tax-free, and the loan doesn’t have to be paid until borrowers die or sell their home. Most reverse loans are also federally. chief executive officer of Orlando-based FBC Mortgage, the.
Florida Credit Union Rewards Borrowers – A Florida credit union has begun a rewards program that encompasses all a member’s accounts and targets borrowers. USF Federal Credit Union ($587.1 million in assets, 56,687 members) pays its members.
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Wells Fargo Allowing Subprime Loans – Mortgage Loan Rates. – In a big break for borrowers with damaged credit, mortgage giant Wells Fargo is easing back into the market for subprime loans. The bank, which is the nation’s largest mortgage lender, reportedly has reduced its minimum credit rating for mortgage approvals to a FICO score of 600, down from 640 previously, according to a report from Reuters.