Tag Archives: auction rate

Refinance Now

From winknews: David Wright of Prime Residential has been lending for more than 20 years and says, "I really sincerely believe it’s going to cost you more in 2009 than 2008." He tells us there are two types of refinance … Continue reading

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Massachusetts Refinances

From the Boston Globe: Ordinarily, by this time each May, the Massachusetts Educational Financing Authority is busily approving student loan applications for the fall. MEFA has been the worst-hit of the state’s bond-issuing authorities in a debt market that was … Continue reading

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Credit Collapse Hurting Student Loans

Bloomberg reports that the decline of the $330 billion auction-rate securities market has stopped debt sales by U.S. public student-loan agencies. In the first quarter, there were no sales of municipal bonds supported by student loans. That has not happened … Continue reading

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Subprime Crisis Hits CA

Guess who wants to borrow money? Not just home owners, but also governments like CA. The Contra Costa Times reports: THE SUBPRIME mortgage crisis that pushed homeowners into foreclosure and forced the Federal Reserve to bail out investment banker Bear … Continue reading

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It Seems Like Everybody Wants To Refinance

Not just you and your neighbor, but cities, hospitals, businesses… The San Jose Mercury News reports on the struggle to get low-interest loans. The student loan market is not nearly as loose and liquid as six months ago. HARRISBURG, Pa. … Continue reading

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