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23 Apr 2020, 3:49 pm
The request asked the DSIO to address the net capital treatment of loans obtained by FCMs and IBs under the Paycheck Protection Program (PPP) pursuant to the CARES Act. [read post]
26 Jul 2010, 7:25 am
Rather, we believe the banks are making cynical financial calculations using, as the article said, the net present value of the home to determine whether they would make more money selling it as a foreclosure or modifying the loan. [read post]
22 Jun 2020, 1:04 pm
SBA Loan Centers are primarily responsible for liquidating 504 loans of non-PCLP CDCs and non-ACL CDCs. [read post]
22 Jun 2020, 1:04 pm
SBA Loan Centers are primarily responsible for liquidating 504 loans of non-PCLP CDCs and non-ACL CDCs. [read post]
4 May 2009, 11:41 pm
An online search for payday loans in Chicago nets nearly 300 results. [read post]
14 May 2013, 5:09 pm
Fred Haywood, 42, Chicago, Illinois, a former loan officer, was sentenced to more than 12½ years in federal prison for engaging in a mortgage fraud scheme involving 65 real estate transactions with properties located mostly in economically-depressed neighborhoods, which netted him personally more than $700,000. [read post]
21 Jul 2013, 5:38 pm
This is called a Net Present Value (NPV) test and waterfall analysis. [read post]
10 Jan 2021, 9:03 pm
Trump signed a $900 billion relief package that extends unemployment benefits, authorizes another round of relief checks, and provides food support, rental assistance, and small business loans to U.S. households. [read post]
2 Oct 2020, 4:01 pm
In a similar story, a Hawaii man was arrested and charged with multiple counts of bank fraud and money laundering for an alleged scam that netted him $12.8 million in PPP funds. [read post]
3 Apr 2020, 1:01 pm
Unlike most typical SBA loans, the PPP Loans are unsecured loans requiring no collateral, no personal guarantee, and no showing that credit is unavailable elsewhere. [read post]
17 Jun 2020, 5:21 pm
The determination of significant operations in the United States needs to be made taking into account multiple factors such as whether: over 50% of the assets are located in the United States, over 50% of the annual net income is generated in the United States, over 50% of the annual net operating revenues are generated in the United States or over 50% of the annual consolidated operating expenses (excluding interest expense and any other expenses associated with debt service) are… [read post]
20 Feb 2012, 10:39 am
We know that student-borrowers and parent-borrowers desperately need the financial safety net that only bankruptcy can provide, and they need it now before the student loan debt bomb detonates. [read post]
26 Apr 2007, 5:20 am
Both men had been involved in business with Ebbers for years, and both owed a substantial portion of their net worth to his actions. [read post]
28 Jun 2020, 9:32 am
The IFR states that forgiveness of the owner’s compensation is limited to either eight weeks of 2019 net profit for an eight-week covered period or two and a half months of 2019 net profit for a twenty-four-week covered period. [read post]
13 Dec 2014, 3:41 pm
In either of those two programs, the IRS will require the taxpayer to document their net monthly income and allow them to deduct what the IRS considers to be reasonable and necessary expenses. [read post]
13 Dec 2014, 3:41 pm
In either of those two programs, the IRS will require the taxpayer to document their net monthly income and allow them to deduct what the IRS considers to be reasonable and necessary expenses. [read post]
13 Feb 2014, 7:12 am
Robert Eves, the developer, guaranteed the loan. [read post]
6 May 2015, 6:25 am
In addition, the modification must result in a positive Net Present Value (NPV) for the investor. [read post]
14 Feb 2022, 4:09 am
The annual income requirements are as follows: 48 States, D.C., territories, and other service areas: $62,500 Alaska: $78,125 Hawaii: $71,875 The net worth requirement is $35,000. [read post]
8 May 2009, 4:40 am
The Frankfurt-based bank said it lost 861 million euros ($991 million) in the January-March period compared with a net profit of euro280 million in the first quarter [...] [read post]
