Magazine article from our research archive:
|
|
Student Loans: Slashing Origination Fees Keeps Banks Competitive: Seeking a 'total relationship' with students.(markets)
- Article from:
-
US Banker
- Article date:
-
October 1, 2005
- Author:
-
|
Copyright informationCOPYRIGHT 2005 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Many banks are starting to cover students' origination fees for education loans. But geography will determine how far three percent gets them.
To better compete in the highly competitive market, more banks have begun paying the federal government's three percent loan-origination fee, traditionally passed on to the borrower. It's a bold move-one certain to make a bank more appealing to students. But whether this move is putting banks ahead of the game, in line with the competition or fortifying its defenses is a matter of geography.
Six years ago, the Pennsylvania Higher Education Assistance Agency initiated the KeystoneBEST loan program, offering to underwrite one ...
Related newspaper, magazine, and journal articles:
|
SBA reopens its popular loan program.(Focus: what small businesses need to...
Fairfield County Business Journal;
February 2, 2004 ;
700+ words
......now caps the popular 7(a) loan program at $750,000 per loan--down...amounts than that, and the 504 loan program for real estate and capital...program's budget for the current fiscal year. Temporary funding was put...terrorist activity relief loan program may have ...
|
|
Colorado sees rise in small-business borrowing from federal loan program.
Denver Post (Denver, CO);
November 11, 2004 ;
271 words
......Business Administration's most popular loan program is rising despite a nationwide decline. Higher loan fees have reduced the volume of...Velazquez, D-N.Y. The SBA's 7(a) loan program guaranteed an average of $40 million...time frame a year ago. Fees for the loan program, ...
|
|
City official: Loan program faces dry spell; Last one for fiscal year:...
Telegraph - Herald (Dubuque);
September 19, 2001 ;
623 words
......Downtown Rehabilitation Loan Program's pool ran dry for...loan it can make this fiscal year when it allotted $73...Myhre said the city's loan program has been successful...said LoBianco. The loan program ultimately can benefit...
|
|
Small Business Loan Program to Return in Full Force.
Knight Ridder/Tribune Business News;
April 5, 2004 ;
700+ words
......Administration's flagship loan program, which was shut down then...receiving the loans to fund the loan program. The federal budget used to...businesses to use another loan program, which offers faster approvals...the SBA shut down the 7(a) loan program, for the first ...
|
|
Small Business Administration guaranteed 628 OK loans during the first 9...
THE JOURNAL RECORD;
July 12, 2005 ;
169 words
......first nine months of the fiscal year starting Oct. 1. Nationwide...first nine months of the fiscal year, up 21 percent from a year...had a record year for this loan program a year ago, and we're going...first nine months of the fiscal year, the 504 program issued 6...
|
|
Small Business Administration to Reopen 7(a) Loan Program; Temporary...
U.S. Newswire;
January 13, 2004 ;
277 words
......announced it will reopen its 7(a) loan program on Wednesday, Jan. 14, with an...loan recipient. With the SBA's Fiscal Year 2004 appropriation still awaiting...appropriation to keep this vital loan program open, without interruption." Congress...
|
|
Good news on the 7(a) loan program
Hoosier Banker;
March 1, 2003 ;
145 words
...The $397 billion fiscal year 2003 omnibus appropriations bill the House and Senate passed...recently expired SBA Supplemental Terrorist Activity Relief Loan Program. The measure also requires the SBA to immediately remove...that will require the Office of Management and Budget in fiscal ...
|
|
SBA-guaranteed loan program stays in business as demand rises
The Milwaukee Journal Sentinel;
January 26, 2004 ;
488 words
...SBA-guaranteed loan program stays in business as demand...Business Administration's 7(a) loan-guarantee program, the agency...federal agencies for the fiscal year that began in October. With...review within a few days. "Loan amounts already approved...hectic growth in SBA-backed ...
|
|
Snowe, Kerry Secure $542M for SBA's Disaster Loan Program; Senators Note...
U.S. Newswire;
June 15, 2006 ;
493 words
......Administration's Disaster Loan Program as part of the...disaster loans in Fiscal Year 2006. "The legislation...SBA's Disaster Loan Program. Passing this measure...loans for this fiscal year and only $280 million...remainder of the fiscal year and does not ...
|
|
Loan-program funding proposal worries SBA.
Daily Oklahoman (Oklahoma City, OK);
July 13, 2004 ;
477 words
......to the Small Business Administration's flagship loan program has sparked debate over the future of the government...for lenders and business owners applying for the loan. The SBA, however, sees the legislation as keeping...amendment to restore funding to the SBA's 7(a) loan program passed ...
|
|
Audit critical of DBEDT's loan program
Honolulu Star - Bulletin;
March 7, 2003 ;
700+ words
......audit has found multiple deficiencies in the loan program of the Department of Business, Economic Development...Business Support Division, which includes the loan program, said the financial audit didn't ask the right questions and that roughly half of those loan recipients in arrears are ...
|
|
Sen. Kerry Introduces 7(a) Loan Program Reauthorization Act
US Fed News Service, Including US State News;
April 19, 2006 ;
700+ words
......has introduced the 7(a) Loan Program Reauthorization Act of...legislation follows:7(a) Loan Program Reauthorization Act of...be cited as the `7(a) Loan Program Reauthorization Act of...Business Act is the largest loan program of the Administration...United States.(7) In ...
|
|
HHS Rule on Selection Criteria of Loan Program for Qualifying Hospitals...
US Fed News Service, Including US State News;
August 18, 2006 ;
168 words
......the Hospital Inpatient Prospective Payment Systems and Fiscal Year 2007 Rates; Fiscal Year 2007 Occupational Mix Adjustment to Wage Index; Health Care Infrastructure Improvement Program; Selection Criteria of Loan Program for Qualifying Hospitals Engaged in Cancer Related Health...
|
|
SBA reopens flagship loan program, will continue to limit amount.
Chicago Tribune (Chicago, IL);
January 14, 2004 ;
431 words
......Administration's flagship loan program reopened Wednesday, although...SBA shuttered the 7(a) loan program last week for the first...the program in the current fiscal year, which started in October...8 billion in loans last fiscal year, although a $500,000 cap...a budget ...
|
See all results.
Or, try our
Advanced Search.
|