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  2. ‘It was pure panic’: Disabled Florida woman who ... - AOL

    www.aol.com/finance/pure-panic-disabled-florida...

    According to NBC, Bryant took out almost $14,000 in personal loans to pay for the (dramatically reduced) caregiving that Eakin received during the three-month gap she went without Medicaid assistance.

  3. MyPillow CEO Mike Lindell sues a merchant cash advance firm ...

    www.aol.com/finance/mypillow-ceo-mike-lindell...

    MyPillow owner and CEO Mike Lindell is suing a loan provider, alleging his firm was deceived into borrowing $1.6 million at a 409% interest rate, according to a lawsuit filed in Minnesota.

  4. This Florida couple earns $350K/year but bad ... - AOL

    www.aol.com/finance/florida-couple-earns-350k...

    This Florida couple earns $350K/year but bad overspending has left them with a shocking $1M debt ... but Henry also has student loans, credit card debt, and an auto lease for a luxury Mercedes GLE ...

  5. Home Affordable Refinance Program - Wikipedia

    en.wikipedia.org/wiki/Home_Affordable_Refinance...

    Take for example a house that was purchased for $160,000 but is now worth $100,000 due to the market decline. Further, assume the homeowner owes $120,000 on the mortgage. In this scenario, the loan-to-value ratio would be 120%, and if the homeowner chose to refinance, he would also have to pay for private mortgage insurance.

  6. Ditech - Wikipedia

    en.wikipedia.org/wiki/Ditech

    [6] [8] The loans were also low-documentation mortgages, or stated income loans, and many borrowers falsified their incomes. Powers introduced "People Are Smart," an advertising campaign that leveraged GMAC 's reputation as a responsible lender and stressed the importance of making prudent decisions based on expert advice provided by ditech.com ...

  7. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    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 ...

  8. Prominent South Florida builder faces trial on charges of ...

    www.aol.com/prominent-south-florida-builder...

    Sheppard — the first South Florida real estate developer ever to be charged with COVID-19 loan relief fraud — is charged with nine counts of wire fraud and five counts of aggravated identity ...

  9. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    The ICR Plan has the fewest eligibility requirements. A borrower is only required to have an eligible loan. [2] The IBR and Pay As You Earn Plans require that the borrower demonstrate a "need" to make income-driven payments and have eligible loans. [2] The Pay As You Earn Plan is limited to those who borrowed recently.

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