"; ?>
   

WASHINGTON, July 13, 2015 /PRNewswire-USNewswire/ — The National Association of Consumer Bankruptcy Attorneys (NACBA) and National Consumer Law Center, Inc. (NCLC) issued the following joint statement today:

In March, President Obama directed the Department of Education and other federal agencies to do more to help serve the nations student loan borrowers, including those in financial distress and those who have been wronged by loan servicers, loan collectors, or schools. In order to provide clarity with respect to the rights of borrowers in bankruptcy, the Department of Education was directed to provide information to assist parties in determining whether an undue-hardship case...

Encore Capital Group Inc Short Interest Increases by 0.3%

Encore Capital Group Inc (NASDAQ:ECPG), A increase of 29,732 shares or 0.3% was observed in the short interest of Encore Capital Group Inc The interest on May 29,2015 came in at 8,683,317 shares and as per the average daily trading of 258,441 shares, the days to cover are 34. The increased interest is 33.9% of the floated shares. The data of May 15,2015 put the interest at 8,653,585 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 9th.

Several Wall Street Brokerage firms have commented on company shares. Brokerage firm Citigroup maintains its rating on Encore Capital Group Inc (NASDAQ:ECPG). As per the latest information, the brokerage...

Three ways to finance a tiny house

Even if your tiny home does meet banks lending requirements, you might struggle to find mortgage lenders willing to do the work involved in originating a small home loan because they might not earn enough on a home loan of $50,000, $30,000 or less to make the work worth their efforts.

Lenders have to go through the same process for a $50,000 mortgage loan as they do for a $400,000 loan, said Peggy Burke, vice president and mortgage banker with PrivatePlus Mortgage in Atlanta. The underwriters still have to go through the same steps to approve a borrower. There still needs to be title insurance. They still have to prepare the loan documents. So banks are still incurring the same costs...

Large Inflow of Money Witnessed in Encore Capital Group Inc

The shares of ECPG have rallied 3.33% in the past 52 Weeks. On November 7, 2014 The shares registered one year high of $46.18 and one year low was seen on February 2, 2015 at $36.4. The 50-day moving average is $41.67 and the 200 day moving average is recorded at $41.43. SP 500 has rallied 6.4% during the last 52-weeks. Encore Capital Group Inc (NASDAQ:ECPG) witnessed a decline in the market cap on Tuesday as its shares dropped 1.99% or 0.88 points. After the session commenced at $43.85, the stock reached the higher end at $44.17 while it hit a low of $43.44. With the volume soaring to 223,063 shares, the last trade was called at $43.44. The company has a 52-week high of $46.18. The company...

After buying the Financial Times, is Nikkei ready to speak truth to Japan’s …

The length of an apologetic bow from a Japanese executive is a pretty good gauge of his embarrassment. And the 15-second bow by disgraced Toshiba CEO Hisao Tanakawho resigned this week over a $1.2 billion accounting scandalwas a doozy.

It was only the latest uproar in corporate Japan recentlysee also the deadly safety lapses at air-bag maker Takata, a botched restructuring at Sharp, and fines for breaking sanctions at Bank of Tokyo-Mitsubishi.

All of which casts Nikkeis $1.3 billion acquisition of the Financial Times in a potentially troublesome light. The paper has a reputation for hard-hitting business coverageand it has not been shy about detailing the shortcomings of the Japanese...

Illicit Financial Flows: Failure Is Not an Option | Bertrand Badre …

Under the weight of great expectations and the glare of television cameras, delegates gathered last week for the Third International Conference on Financing for Development in Addis Ababa.

Global leaders, civil society and private sector representatives exchanged ideas on financing the ambitious Sustainable Development Goals. The conversation represented a paradigm shift in how we think about development. UN Secretary General Ban Ki Moon spoke of a world, in which both the global population and resource constraints are growing, and consequently one in which, development finance needs a reboot.

A vital component of that reboot is helping developing countries generate and, importantly,...

Company Shares of EZCORP, Inc. Drops by -1.38% | American Trade Journal

EZCORP, Inc. is engaged in delivering instant cash solutions to customers across channels, products, services and markets. The Company offers customers multiple ways to access instant cash through approximately 1,400 locations and branches across the United States, Mexico, Canada and the United Kingdom. Products are offered through four primary channels: in-store, online, worksite and through a mobile platform. It provides a variety of instant cash solutions, including collateralized, non-recourse loans, known as pawn loans, and a variety of short-term consumer loans, including single-payment and multiple-payment unsecured loans and single-payment and multiple payment auto title loans. In some...

Trump on the 2008 financial crisis: “I don’t think the Democrats would have …

Via the Right Scoop, who’s incredulous that Trump could breeze so easily past the history of the CRA and which side of the aisle was more gung ho for subprime lending. Saying that both parties were to blame (as Trump will undoubtedly do once some of his new fans on the right start grumbling about this) would have been unremarkable. Saying I don’t think the Democrats would have done that makes this, shall we say, special.

What happens now? On the one hand, this is a direct challenge to conservative orthodoxy, which holds that the roots of the ’08 crash lie in the left-wing idea that the government should make easy money available to the poor for home-buying regardless...

Nikkei’s surprising purchase of the Financial Times | The Economist

SPIRITS were high at the prestigious Imperial Hotel in Tokyo on July 24th as the top brass of Nikkei, Japan’s largest media company, gathered before local newspapermen to broadcast their purchase of the Financial Times. “I don’t have the skill to read it but I do gaze upon it,” declared Tsuneo Kita, Nikkei’s chairman. Many big, global names in journalism have at one time or another been outed as imminent buyers for the paper, but never that of Nikkei, which remains relatively unknown in the West. On July 23rd the FT Group’s current owner, Pearson, a British education and media conglomerate, said it would sell the paper to Nikkei...

7 Reasons to Love Credit Cards | Credit.com

  • Weekly Updates From Our 50+ Experts