The Education Department has proposed eliminating certain instances of interest capitalization on federally held student loans. It’s a lesser-known mechanism in which interest accrues and is added to ...

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The top 100 U.S. financial institution aims to improve operational efficiency and enhance customer experience NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Newgen Software Inc., a global provider of low code ...

Canopy Servicing, the leading commercial loan servicing platform, and Moov Financial, a leading provider of modern payment processing infrastructure, have joined forces to launch Canopy Repay, an ...

Traditional loans often come with various fees-origination fees, service fees, and late payment fees, to name a few. These costs are primarily due to the multiple parties involved and the manual ...

Participate and Community Capital Partner to Transform Loan Sales and Balance Sheet Optimization for Financial Institutions New partnership delivers an integrated solution for banks, credit unions, ...

A new rule proposed by the Education Department could transform the way student loan interest is capitalized, possibly saving borrowers thousands. Interest capitalization is a lesser-known student ...