$ 421 million in Loanpal residential solar loans securitized

SAN FRANCISCO, March 31, 2021 / PRNewswire / – Loanpal, the nation’s # 1 point-of-sale technology platform for sustainable home solutions, today announced that Goldman Sachs, sponsored by Loanpal Solar Loan 2021-2 Ltd. and Loanpal Solar Loan 2021-2 LLC, have concluded a securitization of approximately $ 421 million value of …

Read More »

What is a loan?

What is a loan?

A loan takes place when a lender, such as a traditional bank or an online lender, grants a fixed amount of money to a borrower. In return, the borrower agrees to repay the loan at a specified interest rate over a specified loan term. Whether you are considering a small …

Read More »

US Secretary of Education cancels $ 1 billion in student loans

Thursday, the US Department of Education ad his new plan to help reduce the debt of those who borrowed federal money to pay off student loans. Under a new streamlining process, borrowers who have approved claims confirming that their college or institution has defrauded them or engaged in financial misconduct …

Read More »

COVID-19 loans, lack of publicity and risk of fraud

Neil williams Financial crime expert Rahman Ravelli is concerned about the risk of fraud involving coronavirus loan programs. To say that the government has left the taxpayer vulnerable to the theft of millions of pounds is a heavy accusation to make. But this is the charge that has been leveled …

Read More »