Lending

MEPs say “no more” to last-minute panic evictions …

An influential group of MPs want an end to repeated last minute extensions of the eviction ban and instead want financial support for tenants. All-stakeholder committee of housing communities and local governments, led by Labor MP Clive Betts, says government must establish a system of financial support for tenants who …

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What do the changes in abstention rates mean?

The loans have escaped forbearance, according to the most recent Forbearance and call volume survey, which showed that the total number of loans currently on hold fell from 5.54% of service provider portfolio volume the previous week to 5.48% as of December 6. A total of 2.7 million homeowners are …

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Idelic Raises $ 20 Million in Series B Funding to Transform Transportation Safety and Insurance

PITTSBURGH – (COMMERCIAL THREAD) –Idélic, Inc., a Pittsburgh-based leader in commercial trucking analysis and driver management solutions, announced the completion of its Series B fundraiser, a $ 20 million fundraiser led by Highland Capital Partners with the participation of AXA Venture Partners. Other participants in the cycle included previous investors …

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Acton Joins Four Cities on Small Business Repayable Loan Program

ACTON, MA – Acton and four other cities partner with The Resource, Inc. to provide forgivable loans to small businesses. Acton Received $ 1.6 Million Community Development Block Grant – Coronavirus Financing of a loan-grant program for micro-enterprises. The program offers businesses a one-time grant of up to $ 10,000 …

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