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Grandparents who want to help the next generation, but who may not be able to permanently part with their cash, may consider an informal loan agreement with their grandchild, says Ted Halpern, a Rockville, Md.
WSJ: Grandparents Helping More with Family Expenses
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Greece is heading toward new elections next month, with polls suggesting a narrow victory for a radical leftist party that wants to tear up an international loan agreement which forced the government to make deep budget cuts.
CNN: STORY HIGHLIGHTS
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As part of the wider legal battle the British Virgin Islands-registered Lyndhurst Development Trading was prohibited from enforcing any loan agreement under the terms of an emergency injunction granted in Belfast last December.
BBC: Sean Quinn case: Ukrainians go before High Court
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In July 1999, Fannie and Angelo Mozilo's Countrywide Home Loans entered "an alliance agreement" that included "a reduced documentation loan program called the 'internet loan, '" later called the "Fast and Easy" loan.
WSJ: Review & Outlook: What Fannie and Freddie Knew
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In particular, the regulator points out that it is perfectly legal and proper for a bank that has lost the original loan agreement, or whose copy is illegible, to supply an accurate "reconstituted" version instead, to show that the agreement did in fact include the information specified by the Act.
BBC: Lenders warned not to mislead customers over debts
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But now we're getting to a point where we can hopefully reach an agreement that everybody can sign on to that will ensure that in just a few days these loan rates won't double for 7.4 million or 7.3 million American students.
WHITEHOUSE: Press Briefing