The auto industry has been steadily improving since recovering from the recession in 2008. They went from sales of under 10 million light vehicles in 2008 to approximately 18 million vehicles in 2016. The peripheral industries of steel, aluminum, and ...

Tagged with: Automotive loans Mitchell Thomas Money Management

New York Gov. Andrew Cuomo has a plan to help recent college graduates buy homes upstate. The proposal announced Friday would offer subsidized low-interest loans and down payment assistance to recent graduates who want to settle upstate. The Democratic governor ...

Tagged with: Gov. Andrew Cuomo graduates homebuyers loans

NEW YORK — When I realized I was paying off six different credit cards and not getting anywhere, I decided to consolidate my debt, like millions of other Americans. I visited my local bank, asked for a $15,000 loan but ...

Tagged with: loans

Investors and the media have been keenly focused on when the Federal Reserve will begin to raise interest rates. After each Federal Open Markets Committee meeting we focus on the slightest change in wording in the press release or during ...

Tagged with: interest rates loans Money Management

The state is launching its New York State Mortgage Assistance Program, or NYS MAP, which will provide small loans to families struggling to avoid foreclosure. The loans will help families secure mortgage modifications to stay in their homes. Details were ...

Tagged with: foreclosure loans

Government and public interest lawyers burdened with large student loan debt can apply to the New York State Bar Association for grants to help repay those loans. To be eligible for grants from the Steven C. Krane Special Committee on ...

Tagged with: lawyers loans NYSBA

WASHINGTON — The former Countrywide Financial Corp., whose subprime loans helped start the nation’s foreclosure crisis, made hundreds of discount loans to buy influence with members of Congress, congressional staff, top government officials and executives of troubled mortgage giant Fannie ...

Tagged with: Countrywide Financial Corp. loans

Foundation Financial Group, which has an office in Rochester, reached another milestone recently by passing the $4 billion mark in loans funded. “Foundation Financial Group employees are highly qualified and motivated individuals and are responsible for this milestone and our ...

Tagged with: loans

The Small Business Administration Buffalo District Office ended its fiscal year with higher loan figures than in 2010, increased lender participation and an Oct 11 visit by regional administrator Jorge Silva-Puras to Webster-based company, Datrose.

Tagged with: loans SBA Small Business Administration

In a strongly worded letter earlier this month to American Bar Association President Stephen N. Zack, Iowa Sen. Charles Grassley (R) asked the ABA to “account for its work on behalf of both law students and taxpayers."

Tagged with: ABA graduates loans

NEW YORK CITY — Millions of H&R Block Inc. customers who relied on short-term loans backed by their expected tax refunds will not have that option this year, since Block’s banking partner was forced by federal regulators to stop offering the loans.

Tagged with: federal regulators loans tax refunds

WASHINGTON, D.C. — The Federal Reserve says banks loosened lending standards for small businesses over the past three months but that demand for loans remains weak. It marks the second time in nearly four years ...

Tagged with: Federal Reserve loans small businesses