Tag: Lending
Fear grows about reduced ability to access capital
When Bacary Diatta moved from Senegal to the United States in 2018, he knew he wanted to start a business that would add value...
Rhode Island SBA lending exceeds $138M in fiscal year 2023
PROVIDENCE – More than $138 million in U.S. Small Business Administration lending was provided for small businesses in Rhode Island during fiscal year 2023,...
Federal Reserve raises key rate for 11th time by a quarter-point
WASHINGTON (AP) – The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that...
Cost of student loan forgiveness too big
At the end of June, 43 million borrowers – or about 14% of all adults in the U.S. – owed approximately $1.59 trillion in...
RIHousing Loan Center Welcomes Elizabeth Gonzalez as Mortgage Originator
Elizabeth Gonzalez has been promoted to the position of Mortgage Originator in the RIHousing Loan Center. Elizabeth brings more than 15 years of experience...
It’s best to prep before shopping for a new home
If you’re hoping to buy a home this summer, you’re in good company. Homebuyers in Rhode Island and around the country are facing the...
Loan sharks can play a useful economic role
Hear the term “loan shark” and what do you think of? Probably a desperate borrower going to Tony Soprano and, later on, having his...
Tax-credit program needs strong oversight to pay off
Economic-development officials took a good step on Sept. 16 in agreeing to create clear rules ahead of the rollout of a new tax-credit program...
RIHousing Loan Center Welcomes Gabriela Godoy as Mortgage Originator
Gabriela (‘Gaby’) Godoy joins the RIHousing Loan Center with more than 15 years of experience in mortgage banking and loan servicing, with multilingual abilities....
There’s nothing wrong with stronger banks
Must a safer banking system inevitably be less dynamic? Judging from the experience of the U.S. and Europe since the 2008 financial crisis, not...
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