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July 31st, 2008

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Mass. Launches Web Site To Help Students Get Loans (WBZ Boston)

Massachusetts is launching a new state Web site to help students looking for education loans.

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State loans railroads $4 million to repair flood damage (The Gazette)

Seven Iowa railroads that sustained damage from June flooding have been awarded no-interest state loans averaging $571,000.More than 400 miles of rail were damaged by flooding on Iowa rivers.Emergency funding of $3,999,000 was approved Thursday by the Iowa Railway Finance authority and the Iowa Department of Transportation.All of the funds went to short-line railroads, including three Cedar ...

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Mass. launches Web site to help students get loans (Boston Herald)

BOSTON - Massachusetts is launching a new state Web site to help students looking for education loans. The action follows the announcement this week by a state lending...

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Mass. launches Web site to help students get loans (AP via Yahoo! Finance)

Massachusetts is launching a new state Web site to help students looking for education loans. The action follows the announcement this week by a state lending authority that it won't be able to offer the bulk of its loans this year.

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College families scouring for loans (Boston Globe)

With tuition bills looming, thousands of Massachusetts students and parents are scrambling to secure college loans amid deep turbulence in the nation's credit markets, but college and university officials are reassuring families they should be able to borrow the money they need.

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MEFA suspends college loans, hundreds of families affected (The Daily Item)

Trying financial times just got worse for college students and their families as the Massachusetts Educational Financing Authority (MEFA) announced that it will not offer personal college loans for the fall semester due to a lack of federal funding.

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Senate Dems seek $6 billion in loans for auto firms (Detroit Free Press)

Senate Democrats unveiled a $24-billion economic stimulus plan Wednesday that includes funding for up to $6 billion in loans for automakers and suppliers.

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Fed approves emergency loans (Richmond Times-Dispatch)

WASHINGTON -- The Federal Reserve will let Wall Street firms draw emergency loans into next year to get the nation's credit gears working smoothly again. It's also giving financial companies more options to help them overcome credit problems. The Fed's announcement yesterday marks its latest effort to get credit -- the economy's oxygen -- flowing more freely. A global credit crisis that erupted ...

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Fed Loans to Failed Banks Made Easier by Fannie-Freddie Rescue (Bloomberg.com)

In the rescue signed into law by President George W. Bush yesterday, the Fed will no longer have to pay penalties on loans it makes to institutions taken over by the Federal Deposit Insurance Corp.

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