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In the United States, loan officers held about 354,800 jobs in 2022. The largest employers of loan officers were as follows: [4] Credit intermediation and related activities - 82%; Management of companies and enterprises - 4%; Automobile dealers - 3%; The credit intermediation industry includes commercial banks, savings institutions, and ...
Education Secretary nominee Linda McMahon told senators she would implement the Public Service Loan Forgiveness Program even amid broader attacks on federal programs by the Trump administration.
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service.
During the first Trump administration, the consumer bureau's acting director Mick Mulvaney, who held that job from late 2017 through late 2018, was criticized by some for repeatedly undercutting ...
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
Employees at the Federal Housing Administration, the office responsible for insuring mortgage loans, don’t appear to be affected, he said. But the cuts will exceed 50% in other divisions.
Delinquency rates on Federal Housing Administration and Veterans Affairs loans reached 11.03% and 4.7%, respectively, at the end of last year, according to the Mortgage Bankers Association ...
Ginnie Mae, which remained a government organization, guarantees FHA-insured mortgage loans as well as Veterans Administration (VA) and Farmers Home Administration (FmHA) insured mortgages. As such, Ginnie Mae is the only home-loan agency explicitly backed by the full faith and credit of the United States government. [16]