Definition of loan modification

What is the loan modification? Loan modification is a modification made to the terms of an existing loan by a lender. It could be an interest rate reduction, an extension of the repayment term, a different type of loan, or any combination of the three. Such changes are usually made …

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Geomega obtains a total loan of $ 3M from Quebec

MONTREAL, Sep 30, 2020 (GLOBE NEWSWIRE) – Geomega Resources Inc. (“Geomega“or the”company“) (TSX: V.GMA) (OTC: GOMRF), a developer of clean technologies for the extraction, refining and recycling of rare earths, is pleased to announce that it has secured additional debt financing of $ 1,326,000, which will be added to the …

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Defense workers receive ethics reminder from DoD secretary

To listen to the federal newsletter on your phone or mobile device, subscribe to PodcastOne Where Apple podcasts. The best desktop listening experience can be found using Chrome, Firefox, or Safari. Defense Secretary Lloyd Austin reminds military and DoD employees of the department’s ethical values. In a two-page memorandum published …

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Karnataka launches technology pilot project for harvest loans

The state government on Tuesday launched a pilot project where two branches of Canara Bank will use a new technology-based system to lend agricultural loans to farmers. The initiative involves integrating the government database on farmer registration and the Unified Beneficiary Information System (FRUITS) with banks to disburse loans. This …

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