Sentences with phrase «federal guaranteed loan»

Guaranty agencies are state or private nonprofit agencies that administer the federal guaranteed loan program.

The culture of the company has been a FFELP [federal guaranteed loan program] culture for 35 years.

Not exact matches

The process of granting loans to businesses is regulated by the Federal Trade Commission (FTC) to ensure fairness and guarantee nondiscrimination and disclosure of all aspects of the process.

These are the SBA's flagship 7 (a) loan program, which gives 5,000 banks participating in the program access to loan guarantees by the federal government.

Due to sequestration, the forced federal budget cuts that took effect Friday, the SBA is expected to lose the ability to guarantee 1,928 fewer loans totaling $ 902 million in capital in the hands of entrepreneurs.

To get the province to give ground, Ottawa initially tried tying a billion - dollar federal loan guarantee for the Muskrat Falls hydro project to a change in the fish - processing rules.

According to a recent study, impact investing in the US would not exist without the support of and partnership with the federal government through grants, loans, and guarantees.

Under the provisions of the Loan Guarantee Act, Chrysler is supposed to compensate the federal government for the risk that the government has taken in making the guarantees.

The commission recommended several reforms including reforming civilian and military retirement programs, reducing agricultural program spending, eliminating in - school subsidies in federal student loan programs, and giving the Pension Benefit Guarantee Corporation the authority to increase premiums.

The House Committee on Banking, Finance, and Urban Affairs defined this risk as «the difference between the rate that the guaranteed loans carry and the rate that Chrysler would be required to pay if the loans were obtained without the federal guarantees.»

Moreover, Chrysler has petitioned the federal government to reduce the one percent loan guarantee fee it currently pays down to the statutorily mandated minimum of one - half percent.

The company received $ 182 billlion in the form of both loans and federal guarantees, support that it was able eventually to pay back.

As a federal agency, the SBA promotes small business ownership in several ways, including their loan guarantees.

Recognizing the rising cost of earning a degree, the federal government began guaranteeing student loans through a network of banks and private lenders in 1965.

WILMINGTON, Delaware (Reuters)- Solyndra LLC, a solar panel maker that received $ 535 million in federal loan guarantees, filed for bankruptcy, the third U.S. solar firm to succumb to pressure from Chinese rivals in recent weeks.

The SBA is a federal agency that promotes small business ownership in a variety of ways, including their loan guarantee program.

FHA loans are guaranteed by the government, so that the lender is paid back with federal funds if the borrower defaults.

Prentice cited the federal loan guarantee for Newfoundland's Lower Churchill River hydroelectric project as «a wise instrument of industrial policy,» and called for governments to «expedite the regulatory and environmental approval processes for megaprojects.»

While it's possible to get low rates with a private lender — perhaps better rates than what you would get with federal loans — it's important to realize that the low advertised rate isn't guaranteed.

Federal student loans are issued and guaranteed by the Department of Education.

Here are just a few of the guaranteed benefits of federal loans: low, fixed interest rates; in - school and hardship deferment opportunities; loan forgiveness options; income - driven repayment plans; no prepayment penalties; and no minimum credit score requirement.

Consolidation loans are available for most federal loans, including Stafford, PLUS and SLS, FISL, Perkins, Health Professional Student Loans, NSL, HEAL, Guaranteed Student Loans and Direct lloans are available for most federal loans, including Stafford, PLUS and SLS, FISL, Perkins, Health Professional Student Loans, NSL, HEAL, Guaranteed Student Loans and Direct lloans, including Stafford, PLUS and SLS, FISL, Perkins, Health Professional Student Loans, NSL, HEAL, Guaranteed Student Loans and Direct lLoans, NSL, HEAL, Guaranteed Student Loans and Direct lLoans and Direct loansloans.

Seattle's Blue Ridge neighborhood was developed by William and Bertha Boeing through a federal loan guarantee that required homes be sold and occupied only by white people.

Through the FFEL Program, private lenders were able to make loans guaranteed by the federal government.

Also note that federal loans are fixed - rate loans and guaranteed to maintain the same interest rate during repayment.

The Fannie Mae rule change mentioned above primarily applies to conventional home loans that are not insured or guaranteed by the federal government.

(Definition: a «conventional» mortgage loan is one that is not guaranteed or insured by the federal government.

Private variable - rate loans constitute a small portion of overall student loan debt, while most student loans are part of federal programs that guarantee a permanent fixed rate.

The federal government guarantees that a portion of the loan will be repaid to the lender even if you're unable to make monthly payments for whatever reason.

The federal government should step up its loans and guarantees to help them attract the private sector investment they need to break out of technology development and into a high - growth stage.

Federal regulations do limit loans guaranteed by the Department of Veterans Affairs to «primary residences» only, however, «primary residence» is defined as the home in which you live «most of the year.»

Certain issuers of U.S. government securities (e.g., «Government - Sponsored Enterprises» such as Fannie Mae, Freddie Mac, and the Federal Home Loan Banks) are sponsored or chartered by Congress, but their securities are neither issued by nor guaranteed by the U.S. Treasury.

President Obama's nominee for Commerce secretary served as chairman of the board of a solar energy company that recently received a $ 1.37 billion federal loan guarantee — the largest the Department of Energy has ever given for a solar power project.

The Federal Housing Administration, a government agency that guarantees loans with down payments as small as 3.5 %, said earlier this month that it would drop the maximum loan limit in around 650 counties.

As of two or three years ago, the federal government had outstanding the astronomical sum of $ 6 billion in direct loans and another $ 167 billion in loans it had guaranteed, or a total of $ 223 billion.

An opinion by an Oyster Bay attorney that the town could not provide a loan guarantee legally for restaurateur Harendra Singh's businesses set off a chain of events in which former Nassau County Executive Edward Mangano's law firm was hired to devise a way get around it, federal prosecutors allege.

-- Long Island restaurateur Harendra Singh was arrested and indicted in September on 13 federal charges including one that he bribed a former Town of Oyster Bay deputy attorney in order to have the town give him an «indirect guarantee» of $ 32 million in loans.

The loan guarantees are a central element in federal charges against Venditto and Mangano.

Singh has testified in the federal corruption trial of Edward Mangano and Venditto that he bribed them with meals on the house and other benefits in exchange for help securing county contracts and town - guaranteed loans.

Singh was indicted in September on 13 federal charges, including bribing an Oyster Bay official to obtain the loan guarantees.

In September, town concessionaire and longtime political supporter Harendra Singh was indicted on 13 federal charges that included allegedly bribing an Oyster Bay official to get the town to guarantee $ 20 million in loans.

Moody's Investors Service is looking at the impact of a federal investigation into loan guarantees made by the Town of Oyster Bay in light of the indictment of restaurateur Harendra Singh, the credit rating agency reported Monday.

Last year his business holdings collapsed as Singh, deeply in debt, was accused of 13 federal charges, including bribing an Oyster Bay official to obtain millions of dollars of municipal loan guarantees.

Maloney is a member of that committee, who supports the bridge project and urged the Transportation Secretary to approve the federal loan guarantees.

Singh was indicted in September 2015 on federal charges that include bribing a former Oyster Bay attorney to obtain loan guarantees from the town.

The loan guarantees are a central element in federal charges against former Republican County Executive Edward Mangano and former GOP town supervisor John Venditto.

Gilmartin detailed the process of facilitating Singh's $ 1.5 million town - guaranteed line of credit and a $ 3.4 million loan with the bank in 2010, testifying at the federal corruption trial of former Nassau County Executive Edward Mangano and former Oyster Bay Town Supervisor John Venditto.

Mangano repeatedly has declined to answer questions about the trips with Singh, who has pleaded not guilty to unrelated federal charges that include bribing a public official in a case concerning loan guarantees with the Town of Oyster Bay.

A 13 - count federal indictment alleges that Mangano, the highest - ranking elected official in Nassau County, and Venditto used their positions to help the federally indicted Singh, who was identified by sources, to procure lucrative county contracts and loans guaranteed by the town of Oyster Bay.

The Record Hill wind project was created in 2011 by King's former company, Independence Wind, and funded by a controversial $ 102 million federal Department of Energy (DOE) loan guarantee.