Sentences with phrase «of loan from the government»

Not exact matches

Between 2008 and 2012, the federal government implemented a handful of ad - hoc policies meant to deter poorer households from taking on excessive debt, including the reduction of the maximum amortization period for government - backed home loans to 25 years from 40 years.

For example, Small Business Week Eastern Missouri has a schedule of almost 20 different events next week, ranging from information sessions about how to get an SBA loan for your business and how to win a government contract bid to a SBA gala and networking event.

Percentage of the 2001 Inc 500 that raised additional financing from Bank lines of credit: 80 % Commercial loans: 52 % Personal assets: 45 % Assets of family and friends: 26 % Venture capital: 18 % Other cofounders» personal assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofits: 3 %

Soon after, concerns about liquidity and asset quality put many other institutions at risk, including Bank of America and Citigroup, which took billions in loans from the government to weather the chaos.

And many, like Memphis Pig Out, are still making a comeback, despite $ 60 billion in aid from the federal government and $ 2.4 billion worth of disaster recovery loans from the Small Business Administration.

Laureate also distinguishes itself from other for - profits that heavily rely on government - sponsored student loans, with a mere 17 % of its income coming from such loans.

Fred Upton, a Republican congressman from Michigan and chairman of the Energy and Commerce Committee, put his finger on the larger issue facing governments worldwide at a recent hearing: «Was Solyndra just one bad bet by an administration rushing to claim credit for the first loan guarantee, or is it the tip of the iceberg?»

As a result, the bank will need further capital, part of which will come from a government loan — meaning that taxpayers» money will be used once again to support the banking system.

We rely heavily on social media to get our message out, and on Feb. 13 I took part in a Google hangout arranged by Virgin StartUp, with a group of young entrepreneurs who were launching their businesses with assistance from the Start - Up Loans Co., an initiative funded by the British government.

The Ontario government decreased the cost of a payday loan from $ 21 to $ 18 per $ 100 in 2017 and dropped it down again to $ 15 this year.

Meanwhile, Los Angeles County will have two Bombardier CL - 415 Superscooper fire - fighting aircraft on loan from the government of Quebec starting in the fall for wildfire suppression, as well as the county's own fleet of helicopters.

«Putting aside even the expansion of the rule from 500 to 2,000, nobody's stopping from youdoing that loan — the hand of big government is not telling you that you can't do it — it's just saying that you just don't get the legal protection afforded by QM.»

There are two basic types of loans that you should know about: loans made by the federal government, and private student loans from banks or other private lenders.

This led to a lot of criticism from student loan activists who argued that the government was taking advantage of borrowers.

Over the years, Social Security has loaned the government trillions of dollars, stockpiling entire warehouses full of IOUs from the Treasury Department.

Last week's announcement by GM that is has fully repaid the loans it received from the U.S., Canadian, and Ontario governments (years ahead of schedule, and with interest) was greeted in most circles as another positive sign of the auto industry's modest recovery. Since the dark days of last June (when Chrysler was shut down -LSB-...]

Further, if the payment were a loan from Cohen, Trump may have had a duty to report it in his June 2017 financial disclosure form to the Office of Government Ethics, said Trevor Potter, a former Republican FEC commissioner and founder of campaign finance advocacy group Campaign Legal Center, in a statement.

So instead of the banks losing from bad loans and gambles, the government will lose or the depositors or counterparties will lose.

Refinancing might may a ton of sense for young software engineer just entering the industry, while a public defender or government employee could benefit in the long - run from maintaining their federal loans.

Famed investor Warren Buffett has pointed out that the true long - term holder should think of this $ 868,686 as an interest - free loan from the Federal and state governments.

From 2002 through 2013, the number of Americans whose Social Security benefits were offset to pay student loan debt increased five-fold from about 31,000 to 155,000, according to the U.S. Government Accountability OffFrom 2002 through 2013, the number of Americans whose Social Security benefits were offset to pay student loan debt increased five-fold from about 31,000 to 155,000, according to the U.S. Government Accountability Offfrom about 31,000 to 155,000, according to the U.S. Government Accountability Office.

In contrast to IMF loans to support the kleptocrats» banks and new Cold War asset grabs from the Eastern border provinces with Russia, Ukraine's sale of bonds to Russia's sovereign debt fund and its contracts signed for gas purchases were negotiated by a democratically elected government, at prices that subsidized domestic industry and also household consumption.

If you've borrowed thousands of dollars in federal student loans from the government, you might be stuck with a hefty student loan payment and a loan balance that just never seems to shrink!

This puts it in a separate class from the FHA and VA home loan programs, which do receive some kind of government backing.

In a recent article, we explained that Fannie Mae (one of the government - sponsored enterprises that buy mortgage loans from lenders) recently raised its debt - to - income ratio limit for conventional home loans.

The justification from the government of such a deal was that the price of such loans will increase — reflecting the risk of holding such debt over time — which should create an incentive to buy further NPLs.

Furthermore, under the general welfare provision of the Constitution, the Federal Government offers financial assistance to states and local communities for a variety of educational purposes, ranging from subsidies for school lunch programs to salaries for teachers of agriculture and loans for school building construction.

During the slide, I was concerned to hear voices from academia, finance and government give the lion's share of the blame to the minority consumer for defaulting on loans for homes that they could not afford.

In 2004, the Kufuor government with Osafo - Marfo as minister at the time solicited for an amount of US $ 300 million loan from the CNT Construction Investment Ltd. (CNTCI Ltd) to undertake major infrastructural projects.

Diamond: «If members of the government were told our rates were high relative to others and took that to mean we couldn't fund - and in fact we were funding well - and it was clear a number of firms posting had emergency loans or were being nationalised and we were posting highest level, we would question whether other institutions could get funds... the implication...» Tyrie interrupts, reading from the Barclays statement quoting Tucker.

«Under the eight years of the NPP government, from 2001 - 2009, taxes and loans amounted to GHC20 billion and without oil, economic growth increased from 3.7 per cent to 9.1 per cent.

The Federal Government has said arrangements are being concluded to release a sum of N153.1 bn to 14 states out of a total of N552bn to be paid to states from reimbursements of deductions from states to pay external loans.

This amount, nearly $ USD 5 Million was paid to Mrs. Rawlings by the NDC government of President Atta Mills because according to her, in 2002 - 2003 the Kufuor government stalled the operations of her company Calf Cocoa by denying her the needed funds from a concessionary Chinese government loan which was to be disbursed through the ministry of finance at the time.

But neither the African governmental officials nor the private foreign banks who made the decision to loan in the first place lose out, as European and North American governments step in to provide further financial assistance for African countries as they begin to lapse on loan repayments: «In effect, public money from the governments of industrialised countries -LSB-...] helped to bail out the private creditors» (p. 33).

In September 2017, the Romanian government approved the payment of the last instalment from a 150 million Euro loan, with both the Government and the Presidential Administration praising the «excellent work» of the government ingovernment approved the payment of the last instalment from a 150 million Euro loan, with both the Government and the Presidential Administration praising the «excellent work» of the government inGovernment and the Presidential Administration praising the «excellent work» of the government ingovernment in Chisinau.

After all, these were the lingering memories to overcome of the debacle of 1976, when the then Labour government needed to seek a loan from the IMF to shore up the Pound in the foreign exchange markets.

The letter reads: «I write as one of the major stakeholders in the project Nigeria, and a governor of one of the federating units making up Nigeria, to draw your attention to report that the Federal Government of Nigeria is on the verge of obtaining a $ 2 billion loan from the Export - Import Bank of China.

He noted Towns, who chairs the House Committee on Oversight and Government Reform, was noncommittal when asked by Rep. Darrell Issa, a California Republican, to subpoena records from the «Friends of Angelo» loan program through which the former CEO of Countrywide Financial charged with fraud and insider trading by the SEC provided sweetheart mortgages to Connecticut Sen. Chris Dodd and others.

«Furthermore, the Paris Club refund was not borrowed money but an over-deduction from states» repayments of a loan which the Federal Government is repaying to states that were erroneously debited.»

What do you get from the federal government in terms of grants and loans.»

It said it was also false that a fresh N25 billion loan was applied for; saying that; «the only fresh loan taken by the government of Fayose was the N10 billion grant from the Excess Crude Account, which was released to all States for capital projects, N2.8 billion requested from Wema Bank to pay State Universal Basic Education Board (SUBEB) counterpart fund out of which N1 billion has been accessed and N600 million for MDGs counterpart fund, which has been repaid.»

Former Queens Councilman Daniel Halloran testified at his federal trial that an envelope of cash he took from someone who turned out to be a government informant wasn't a bribe but a personal loan.

The facility was constructed by the UG, through a loan acquired by the Government of Ghana from the Israeli Government.

Legislation U.S. Rep. Elise Stefanik, R - Willsboro, introduced May 17 to extend the federal Perkins Loan college financial aid program for two years gained momentum as the House returned from recess on Tuesday, picking up a dozen new co-sponsors, according to the Library of Congress government information web site.

The Federal Government had, in December 2016, approved the sum of N522.74 bn to be paid to the 36 states of the federation as part of the reimbursement of the over-deduction on the Paris Club loan from 1995 to 2002.

The governors must have revisited the narrative of Mandelson's house purchase in 1996 with a massive loan from his fellow MP Geoffrey Robinson, which led to his first exit from government.

The Mahama administration scrapped the payment of the allowances in the 2013/2014 academic year and replaced it with loans from the SLTF, arguing that it would increase enrolment in the various colleges of education and reduce the financial burden on the government.

At a recent gathering of the ruling party, All Progressive Congress, APC, where flags were handed over to the flag bearers of the party in the just concluded local government elections, Governor Nasir el - Rufai had asked God to punish the Senators from the State for refusing to support Kaduna State $ 350 million loan request from the World Bank.

The Federal Government also accused Saraki of failing to declare the sum of N375m loan which he allegedly obtained from GTB while still being governor and transferred the sum's pounds sterling equivalent of # 1,516,194.53 to his account with Fortis Bank, London, for the purchase of an «undisclosed property» in London.

The state government requested a World Bank loan of $ 350m, which all three senators from the state rejected.