Loan status – MMOG Accounts http://mmogaccounts.com/ Mon, 21 Nov 2022 14:50:40 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://mmogaccounts.com/wp-content/uploads/2021/06/icon-66.png Loan status – MMOG Accounts http://mmogaccounts.com/ 32 32 Charles Schwab Announces 2022-2023 Financial Planning Fellowship Recipients https://mmogaccounts.com/charles-schwab-announces-2022-2023-financial-planning-fellowship-recipients/ Mon, 21 Nov 2022 14:00:00 +0000 https://mmogaccounts.com/charles-schwab-announces-2022-2023-financial-planning-fellowship-recipients/ $3.5M Charles Schwab Scholars in Financial Planning Scholarship Program Aims to Encourage Talent Diversity in Financial Services WESTLAKE, Texas, November 21, 2022–(BUSINESS WIRE)–Charles Schwab today announced the eight Scholars who will receive funding for the 2022-2023 academic year through its Charles Schwab Scholars in Financial Planning Endowed Scholarship program. Launched in 2021 by the Charles […]]]>

$3.5M Charles Schwab Scholars in Financial Planning Scholarship Program Aims to Encourage Talent Diversity in Financial Services

WESTLAKE, Texas, November 21, 2022–(BUSINESS WIRE)–Charles Schwab today announced the eight Scholars who will receive funding for the 2022-2023 academic year through its Charles Schwab Scholars in Financial Planning Endowed Scholarship program. Launched in 2021 by the Charles Schwab Foundation, the $3.5 million scholarship endowment provides financial aid and career opportunities to students from underrepresented communities majoring in financial planning at seven partner universities.

Scholars selected for the 2022-2023 academic year cohort will receive approximately $10,000 per year (for two years or until graduation) in scholarships and will be invited to apply and participate in opportunities internship, mentorship and professional development programs available to prepare them. for a successful career in financial planning. The scholars are:

  • Jewliana Gomez, Arizona State University

  • Jimmy Gonzalez Gomez, University of Arizona

  • Johana Quintero Vega, University of Arizona

  • Jordan Marecek, University of Akron

  • Darius Wilkerson, Texas Tech University

  • Malik Joynes, Temple University

  • Nader Dajani, Virginia Tech

  • Anonymous, Purdue University

“We have focused our scholarship program on fostering diverse talent in financial services to help our sector better prepare to understand and meet the unique needs of a changing and increasingly diverse,” said Carrie Schwab-Pomerantz, president of Charles Schwab. Foundation.

  • Other scholarship and post-secondary education programs supported by the Charles Schwab Foundation and benefiting underrepresented communities include:

  • The RIA Talent Advantage Scholarship Program through Schwab Advisor Services, which aims to raise awareness of the independent investment advisory profession and provides scholarships of $10,000 to twelve students per year, reserving half for students from underrepresented groups.

  • The Schwab University Scholars Program, which helps establish and develop financial planning majors and minors and raises awareness of the RIA profession, with an emphasis on historically black colleges and universities and other institutions that support minorities. The program has provided more than $16 million in funding to more than 24 universities since its inception in 2007. Recent grants include:

At Schwab, we believe diversity helps us appreciate a wider range of perspectives, which supports our business strategy of seeing through the eyes of customers. To that end, the company has embarked on a long-term journey to improve the diversity of its workforce, strengthen its inclusive culture, better serve its diverse customers, and build stronger connections with its diverse communities.

About Charles Schwab

At Charles Schwab (NYSE: SCHW), we believe in the power of investment to help people create a better future. We are accustomed to challenging the status quo in our industry, innovating in ways that benefit the investors, advisors and employers who serve them, and championing our clients’ goals with passion and integrity. More information is available at www.aboutschwab.com. follow us on TwitterFacebook, YouTube and LinkedIn.

About the Charles Schwab Foundation

The Charles Schwab Foundation is an independent, nonprofit, public benefit corporation, funded by The Charles Schwab Corporation and classified by the IRS as a 501(c)(3) charity. Internal Revenue Code. The Foundation is not part of Charles Schwab & Co., Inc. (Member SIPC) or its parent company, The Charles Schwab Corporation. Its mission is to educate, volunteer and advocate for those in need so that everyone has the opportunity to achieve financial well-being. More information is available at www.schwabmoneywise.com/foundation.

[1122-23YH]

See the source version on businesswire.com: https://www.businesswire.com/news/home/20221121005546/en/

contacts

EJ Bernacki
Charles Schwab
720-329-9273
ejbernacki@schwab.com

]]>
Federal Home Loan Bank of Indianapolis awards $7.24 million in Affordable Housing Program grants https://mmogaccounts.com/federal-home-loan-bank-of-indianapolis-awards-7-24-million-in-affordable-housing-program-grants/ Sat, 19 Nov 2022 03:02:50 +0000 https://mmogaccounts.com/federal-home-loan-bank-of-indianapolis-awards-7-24-million-in-affordable-housing-program-grants/ 17 grant recipients selected from Indiana and Michigan applicants INDIANAPOLIS, Nov. 18, 2022 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis or the Bank) today announced $7.24 million in affordable housing grants will be provided to 17 housing developments affordable in Indiana and Michigan through the Bank’s program. Affordable Housing Program […]]]>

17 grant recipients selected from Indiana and Michigan applicants

INDIANAPOLIS, Nov. 18, 2022 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis or the Bank) today announced $7.24 million in affordable housing grants will be provided to 17 housing developments affordable in Indiana and Michigan through the Bank’s program. Affordable Housing Program 2022 (PLA). These AHP grants of up to $500,000 will support the acquisition, construction or rehabilitation of properties for use as affordable housing.

Through AHP grants, more than 830 affordable housing units will be created or rehabilitated in neighborhoods and communities where the Bank’s member financial institutions operate.

“We are pleased to partner with our member financial institutions and community partners to increase the number of affordable housing units in the communities we serve. The support and enthusiasm this program receives from our member financial institutions is what has led to its success and it has continued this year,” said MaryBeth Wott, SVP/Community Investment and Underwriting/Collateral Operations Officer. “Our nominees have prioritized neighborhood stabilization through preservation, infill development, project development in investment areas and more. We look forward to seeing the positive impact these projects have on their communities. . »

Each year, FHLBank Indianapolis offers AHP grants through a competitive application process. Local nonprofits, economic development groups, or developers can partner with an FHLBank Indianapolis member financial institution to submit an application.

Notable highlights of this year’s award-winning projects:

  • The needs of the neighborhood are prioritized – 100% of projects recommended for funding strive to stabilize neighborhoods through preservation, infill development, blight removal, Main Street revitalization and/or project development in areas of targeted investment.
  • Close to public transport and amenities – Developing projects close to transportation and amenity options reduces transit costs and improves the overall quality of life for residents. This is recognized by proponents as 100% of projects recommended for funding receive points under the desirable site rating initiative.
  • Accompanied first-time buyers – Homeownership opportunities will be created for up to 17 first time homebuyers in Indiana and Michigan.

INDIANA BENEFICIARIES

Last name Grant Location Member financial institution project sponsor
Aspen Meadows $370,000 Salem, IN Former National Bank Hoosier Uplands Economic Development Corp.
Boonville Senior Lofts $350,000 Boonville, IN Indiana Merchant Bank Tri-Cap
Central at 29 $420,000 Indianapolis Indiana Merchant Bank Community Builders, Inc.
Court of Hope $80,000 Elkhart, IN 1st Source bank Habitat for Humanity of Elkhart County, Inc.
Isabelle’s Gardens $500,000 Fort Wayne, Indiana Former National Bank Keller Development, Inc.
Apartments in Lancaster $500,000 Gary, IN Centennial Bank Communities first
Renovation of apartments in Milan $500,000 Milan, IN Liberty Bank Housing for the elderly in Milan
Mullen Apartments $500,000 Terre Haute, IN Indiana Merchant Bank Mental Health American Midwest Indiana
Prominence Commons II $270,000 Carrying, IN Centennial Bank Housing Opportunities, Inc.
Saint Lucas Lofts $500,000 Indianapolis Indiana Merchant Bank Englewood Community Development Corporation


MICHIGAN BENEFICIARIES

Last name Grant Location Member financial institution project sponsor
CCSEM Saint Matthew $500,000 Detroit Independent bank Southeast Michigan Catholic Charities
Hartford Terrace Apartments $500,000 Muskegon, Mich. Independent bank Muskegon Housing Commission
Riparian habitat 36e Street Phase I $450,000 Holland, Michigan Macatawa Bank Lakeside Habitat for Humanity
Orchard Village Apartments $500,000 Detroit First bank for merchants RCS Housing Partners
Parkview Apartments $300,000 Traverse City, Michigan Independent bank City of Traverse Housing Commission
Violet T. Lewis Village (aka Meyers Senior Apartments) $500,000 Detroit Indiana Merchant Bank Michigan Presbyterian Villages
Walter French Apartments $500,000 Lansing, Mich. The dart bank Capital Region Housing Partnership

Links for more information: 2022 AHP Grant Recipients and AHP Grant Initiative.

Media Inquiries: Contact Scott Thien, Senior Manager, Internal Communications, at [email protected].

Build partnerships. At the service of communities.
FHLBank Indianapolis is a regional bank included in the Federal Home Loan Bank System. FHL banks are government-sponsored companies created by Congress to provide access to low-cost funding for their members financial institutions, with a focus on providing solutions that support housing and small business needs of member customers. FHLBanks are privately capitalized and funded and do not receive any Congressional Appropriations. FHLBank Indianapolis is owned by its Indiana and Michigan Financial Companies members of institutions, including commercial banks, credit unions, insurance companies, savings institutions and community development financial institutions. For more information about FHLBank Indianapolis, visit www.fhlbi.com and follow the Bank on LinkedIn and Twitter (@FHLBankIndy).

]]>
DE&I progress ‘challenging the status quo’ exemplified by 6 NJ companies praised https://mmogaccounts.com/dei-progress-challenging-the-status-quo-exemplified-by-6-nj-companies-praised/ Wed, 16 Nov 2022 16:24:36 +0000 https://mmogaccounts.com/dei-progress-challenging-the-status-quo-exemplified-by-6-nj-companies-praised/ Six New Jersey companies that are leading the way by demonstrating tangible, measurable progress in diversity, equity and inclusion were honored as outstanding corporate citizens at the first-ever DE&I Trailblazer Awards reception earlier this month, hosted by the New Jersey African American Chamber of Commerce and the New Jersey Chamber of Commerce. “These are the […]]]>

Six New Jersey companies that are leading the way by demonstrating tangible, measurable progress in diversity, equity and inclusion were honored as outstanding corporate citizens at the first-ever DE&I Trailblazer Awards reception earlier this month, hosted by the New Jersey African American Chamber of Commerce and the New Jersey Chamber of Commerce.

“These are the companies that don’t just support diversity, equity and inclusion, they set measurable equity and inclusion goals and achieve them,” said John Harmon Sr., Founder, CEO and president of the AACCNJ. “They are making a difference, but this event is just the beginning. We applaud these pioneers and encourage their traditional counterparts to work towards similar measurable goals.

“We honor companies that walk the talk,” added Tom Bracken, CEO and State Chamber Speaker. “We recognize and celebrate champions who rise to the challenge and challenge the status quo.”

The DE&I Trailblazer Reception, at the Olde Mill Inn in Basking Ridge, revealed honorees who excelled in key areas: access to capital; board diversity; corporate citizenship; diversity of suppliers; and workforce diversity. An Emerging DE&I Influencer Award was also presented which recognizes a company that is in the early stages of implementing a promising DE&I program.

The laureats

  • The DE&I Trailblazer Award in the Corporate Citizenship Category went to law firm Gibbons PC Gibbons has created a trio of pro bono programs that help minority-owned small businesses.
  • The DE&I Trailblazer Award in the Access to Capital category was awarded to Union County Economic Development Corp. It gave 62% of its loans in 2021 to minority-owned businesses and 42% to women-owned businesses. In total, its $4.8 million in loans directly created more than 600 jobs. In addition, UCEDC has established two programs that cater to various business owners – one is an incubator program for new and growing businesses and the other is its “Entrepreneurship” program. as a second chance.
  • The DE&I Trailblazer award in the Supplier Diversity category went to Burns & McDonnell, the engineering, architecture and construction firm. Burns & McDonnell has worked with over 2,700 diverse small suppliers in all 50 states, Canada, Mexico, India and the UK. The company allocated 25% of its overall spend to diversified small businesses. And it has created a series of information and networking events to ensure diverse small businesses have equal access to opportunities.
  • The DE&I Trailblazer Award in the Board Diversity category was presented to Columbia Bank. Its board of directors is now made up of 30% women and 20% minorities, as is its workforce. Its management team is also now made up of 30% women and 20% minorities, and its senior managers are made up of 34% women and 10% minorities.
  • The DE&I Trailblazer Award in the Workforce Diversity category was awarded to Hackensack Meridian Health. He has set benchmarks for diversity in workforce recruitment, talent management and leadership accountability, including linking executive compensation to increasing diversity in leadership positions. She also created education and communication programs for employees.
  • The DE&I Trailblazer Award in the Emerging DE&I Influencer category – created to recognize a company that is in the early stages of implementing a promising DE&I program – was presented to Provident Bank. Provident Bank conducts employee education courses on unconscious bias, microbehaviors, microaggressions, and cross-cultural communications. The bank has also revamped its supplier diversity program and implemented a monitoring program that tracks its spending on minority, women, LGBTQ and veteran-owned businesses. Additionally, the bank has established a Diversity Council, which advises its human resources department and management team to ensure that its diversity strategy aligns with the company’s overall business strategies.

###

Over the past two months, both chambers have amassed an impressive roster of candidates who represent a wide range of company sizes and industries. All have inspiring and uplifting stories to show how they have put diversity, equity and inclusion at the forefront of their business strategies.

The successful candidates were:

  • Abitronix LLC
  • American hydraulic works
  • Back through the future
  • Bestwork Industries for the Blind Inc.
  • Burns and McDonnell
  • Bank Colombia
  • Wellness/Far & Dotter Curio
  • PC Gibbons
  • Hackensack Meridian Health
  • HelloFresh
  • Joseph Jingoli & Son Inc.
  • Lyft
  • New Jersey Mental Health Association
  • Phillips 66 – Bayway Refinery
  • PMO Solution Pro LLC
  • Princeton Area Community Foundation
  • Provident bank
  • Quality School of Dental Technology Inc.
  • Somerset County Business Partnership
  • Target International Shipping Inc.
  • Truist Bank
  • Union County Economic Development Corporation.
  • Valley Bank

“All of the companies nominated for one of our DE&I awards were worthy of themselves,” Bracken said. “Each nominated company presented a strong and compelling case.”

“As more companies realize the benefits of diversity in terms of a strong workforce and a supply chain that improves their bottom line, you will hear more and more about DE&I” , Harmon added. “I predict we will have even more companies and more awards to give out next year.”

]]>
DBRS Morningstar Reaffirms Luxembourg’s Triple A Status https://mmogaccounts.com/dbrs-morningstar-reaffirms-luxembourgs-triple-a-status/ Mon, 14 Nov 2022 04:36:32 +0000 https://mmogaccounts.com/dbrs-morningstar-reaffirms-luxembourgs-triple-a-status/ Finance Minister Yuriko Backes (DP) hit her target, stated emphatically ahead of the draft budget she presented in October, as DBRS Morningstar confirmed Luxembourg’s AAA status. DBRS Morningstar said that in its view “Luxembourg’s credit fundamentals remain strong despite the negative impact of the energy price shock on economic growth and fiscal accounts” and that […]]]>

Finance Minister Yuriko Backes (DP) hit her target, stated emphatically ahead of the draft budget she presented in October, as DBRS Morningstar confirmed Luxembourg’s AAA status. DBRS Morningstar said that in its view “Luxembourg’s credit fundamentals remain strong despite the negative impact of the energy price shock on economic growth and fiscal accounts” and that the ratings reflect “the very Luxembourg solids”.

The rating agency acknowledged that the momentum of economic growth has weakened in recent months, as the sharp rise in global energy prices has weighed on consumer and business confidence and reduced the purchasing power of households.

In addition, the government’s fiscal balance is expected to deteriorate moderately in 2022 and 2023 thanks to fiscal support measures that aim to cushion the impact of high energy prices on households and businesses. “These risks are, however, mitigated by Luxembourg’s ample fiscal space to absorb a temporary increase in fiscal pressures that results from a relatively low level of public debt and a large stock of public assets,” the report said. Indeed, the budget presented by Backes confirmed the government’s commitment to keep public debt below 30% of GDP.

Backes feels vindicated

“I am particularly pleased with this confirmation of the AAA rating, as it is the first that comes after the Tripartite last September and following the presentation of the draft 2023 budget,” Backes said. “This decision bears witness to the merits of the successive packages of measures in favor of households and businesses and recalls at the same time that a responsible and far-sighted policy remains in place to preserve favorable future prospects.”

DBRS Morningstar also said the overall financial condition of the economy’s important banking sector is sound. Banks have comfortable liquidity positions and benefit from good capital buffers, which are sufficient to absorb any weakening in asset quality in the future, the report’s authors said.

The stock of non-performing loans is currently low, both in terms of banks’ total exposures to domestic and foreign loans (Q1 2022 NPL ratio: 1.0%) and loans to domestic households (1.4%) and non-financial corporations (1.5%).

Interior housing prices

However, looking ahead, DBRS Morningstar sees a potential correction in domestic house prices along with rising interest rates as a risk factor for banks’ asset quality. “House prices have risen markedly in recent years, significantly outpacing increases in rents and incomes,” the report said.

It notes that about 46% of total new mortgages issued to households since 2012 have only fixed the initial interest rate for up to one year, “exposing these mortgage borrowers to interest rate increases.” At the same time, DBRS Morningstar states that “most households’ ability to repay is supported by substantial household assets.”

]]>
$8.75M in Forgivable Loans Available to Social Equity Cannabis Licensees – The Southland Journal https://mmogaccounts.com/8-75m-in-forgivable-loans-available-to-social-equity-cannabis-licensees-the-southland-journal/ Fri, 11 Nov 2022 06:34:52 +0000 https://mmogaccounts.com/8-75m-in-forgivable-loans-available-to-social-equity-cannabis-licensees-the-southland-journal/ Advertising $8.75M in Forgivable Loans Available to Social Equity Cannabis Licensees Governor (Chicago, IL) – JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) today announced that $8.75 million in fully state-funded direct repayable loans will be made available available to all conditionally approved social loan applicants to provide immediate access to […]]]>

Advertising

$8.75M in Forgivable Loans Available to Social Equity Cannabis Licensees Governor (Chicago, IL) – JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) today announced that $8.75 million in fully state-funded direct repayable loans will be made available available to all conditionally approved social loan applicants to provide immediate access to capital. Pending the completion of a streamlined documentation process, repayable loan amounts between $50,000 and $500,000 will be released immediately.

“Fairness has always been at the heart of our cannabis legalization process. That’s why we’ve removed hundreds of thousands of low-level cannabis-related charges and instituted the Cannabis Social Loan Program. But I know that if we want to create a truly equitable cannabis industry in Illinois, we need to give our business owners the resources they need to grow, both figuratively and literally,” said Governor JB Pritzker. “That’s why we’re launching this direct forgivable loan program to provide a much-needed boost to social equity seekers who have encountered barriers in seeking capital funding. This $8.75 million will help our Social Equity Licensees open their doors, a major step towards creating a thriving cannabis industry here in Illinois.

The Cannabis Social Equity Loan Program is a one-of-a-kind program that launched in the summer of 2021 with the goal of providing low-interest loans to social equity licensees through a partnership with institutions credit. Program participants have encountered significant delays in receiving capital through financial institutions due to the complexity of navigating a new industry that remains illegal under federal law, as well as fiduciary, regulatory and institutional underwriting standards that are set independently of the program.

In response to participant feedback and as part of an unwavering commitment to increasing fairness in the cannabis industry, DCEO’s new direct repayable loan program will make state funding available to all participants. eligible for the program, regardless of the status of their initial loan application with a lending partner. . Interested participants can continue to seek funding through the original loan program, while receiving the new direct forgivable loan.

“In Illinois, we are working to create an ecosystem for cannabis entrepreneurs that prioritizes those who have been impacted by the war on drugs,” said Lt. Governor Juliana Stratton. “The creation of the direct forgivable loan program is a critical step in this mission. We are moving forward to support the businesses of Social Equity Licensees so Illinois can thrive alongside this growing industry.

“Creating a more equitable cannabis industry in Illinois is driving the state’s loan programs and today’s announcement will accelerate our vision by making capital available to licensees immediately. equity,” said DCEO Director Sylvia I. Garcia. “Looking forward, we will continue to work closely with licensees as we implement the new direct forgivable loan program and incorporate program enhancements for future rounds of funding.”

A total of $8.75 million will be available under the new direct forgivable loan program. The following loan amounts are available per participant depending on the type of business:

  • Artisanal producers: $500,000
  • Infusers: $250,000
  • Carriers: $50,000

The new 100% state-funded direct repayable loan program provides funding to all eligible program participants upon submission of required documentation. Since DCEO has already received significant documentation from program participants, the additional documentation requirements for a direct forgivable loan are minimal to enable rapid disbursement of funds. The forgivable loan has an 18-month grace period with no payments or accrued interest to provide businesses with some flexibility.

Loan forgiveness will be granted to recipients after receiving documentation of a wide range of eligible expenses currently incurred or accrued during the loan period, including rent, payroll, utilities, inventory, debt , regulatory expenses, legal fees, equipment and more. The main differences between the programs are:

Original program “Social Equity Loan Program” New program “Direct Forgivable Loan Program”
Conditionally Approved Licensee Eligibility Eligible, but not guaranteed to receive funding Each participant who completes the streamlined documentation process and funding disbursement steps will receive funding.
Lender Financial institutions/lending partners state of illinois
Interest rate Below market rate with no accumulation grace period 4% after an 18-month grace period with no payment required and 0% interest; plaintiffs can also request a remission before interest accrues.
Forgiveness options not forgivable The loan principal is 100% repayable upon presentation of documentation relating to eligible business expenses.

Looking ahead: continued collaboration with licensees

Under the original lending program, social equity applicants were conditionally permitted to seek loan funding directly with lending partners. Although conditional approval does not guarantee funding through financial institutions, the program was designed to incentivize lending to social equity licensees as much as possible. As part of the structure, DCEO has committed to fund a portion of each loan, thereby assuming some of the risk and making the loans more attractive to lenders.

With many applicants still seeking loans under the original program, DCEO will continue to work closely with partners to secure loan funding for applicants who wish to complete the loan application process. . Any loan financing provided under the initial program would be in addition to the direct government-funded forgivable loan. In addition to providing additional capital, securing a loan from a financial institution can help build the legitimacy of the social equity applicant’s business model and attract capital from additional investors.

Illinois State Cannabis Program Information

The Illinois Cannabis Initiatives for Business represents a multi-agency effort. For your reference, below is a list of agencies and a summary of their roles in the cannabis space:

  • Illinois Department of Agriculture:
    • Issues licenses to artisanal producers, infusers and carriers
    • Certify Social Equity Licensees
  • Illinois Department of Financial and Professional Regulation (IDFPR)
    • Issues licenses to dispensaries
    • Certify Social Equity Licensees
  • Illinois Department of Commerce and Economic Opportunity:
    • Administers loan programs for certified social equity licensees
    • Provides technical assistance to candidates through our network of partners

$8.75M in Forgivable Loans Available to Social Equity Cannabis Licensees

Advertising

Monica Gordon for Cook County Commissioner
]]>
Nicolas Aube-Kubel of Capitals seeks to contribute https://mmogaccounts.com/nicolas-aube-kubel-of-capitals-seeks-to-contribute/ Tue, 08 Nov 2022 22:38:00 +0000 https://mmogaccounts.com/nicolas-aube-kubel-of-capitals-seeks-to-contribute/ Comment this story Comment Nicolas Aube-Kubel came to Washington looking for a second chance. The winger failed to make a lasting impression in Toronto before the Maple Leafs placed him on waivers. It was a disappointing start to the season for Aube-Kubel, who had just completed a career year with the Stanley Cup-winning Colorado Avalanche. […]]]>

Comment

Nicolas Aube-Kubel came to Washington looking for a second chance. The winger failed to make a lasting impression in Toronto before the Maple Leafs placed him on waivers. It was a disappointing start to the season for Aube-Kubel, who had just completed a career year with the Stanley Cup-winning Colorado Avalanche.

However, when Washington got him back, Aube-Kubel saw the potential for his game to flourish. He made his Capitals debut Monday night in a 5-4 win over the Edmonton Oilers, recording 10:19 of ice time and setting up two shots on goal.

Aube-Kubel, 26, is expected to be back in the Washington roster on Wednesday night when the Capitals host rival Pittsburgh.

“I already felt better on the ice,” Aube-Kubel said after Monday’s game. “Much more confident. …I’m pretty happy with 10 minutes, which isn’t that much. But still, it’s easier to get [into] the game when you play that much.

With the Capitals struggling with so many injuries, Aube-Kubel is expected to remain in the roster for the foreseeable future.

Washington’s injury woes have only worsened over the past week. Nicklas Backstrom (hip), Connor Brown (knee), John Carlson (lower body), Carl Hagelin (eye, hip), Beck Malenstyn (finger), Dmitry Orlov (lower body), TJ Oshie (upper body) and Tom Wilson ( knee) are out of line.

Caps come out of their rut and find their stride in win over Edmonton

Aube-Kubel said he struggled with the lack of ice time in Toronto. He felt he hadn’t had enough opportunities to show the type of player he was and how he could contribute.

“I had a slower training camp and pre-season. There was a quick turnaround with the Stanley Cup summer and I felt like I was ready but… I didn’t think I played badly,” he said. “Maybe I didn’t introduce myself enough. They had some really good guys there, guys who got the job done. My place has been taken away from me.

Dawn-Kubel played on the third line with Anthony Mantha and Lars Eller on Monday. They didn’t get a chance to train together beforehand but still managed plenty of high-risk scoring chances. Dawn-Kubel had some familiarity with Mantha; they played together in the Quebec Major Junior Hockey League.

“It was nice to have some ice time and play with these two guys,” said Aube-Kubel. “They are really good. I think we did a very, very good [job in the] first half and… overall it was a very good game.

Orlov skated Tuesday for the first time since being injured in Saturday’s loss to Arizona. Washington had optional practice, but Orlov skated in a full-contact jersey. It is not known if he will be ready to play against Pittsburgh. It is listed daily.

Carlson also participated in Tuesday’s skate. He was injured on October 29 and remains on injured reserve. He was eligible to return from the IR on Monday against Edmonton and has been skating for the past few days but has not been medically cleared to return. His status for Wednesday is unclear.

The Capitals have recalled defenseman Alex Alexeyev from a conditional loan with the Hershey Bears of the American Hockey League. He had one assist in four games. He remains on long-term injured reserve after shoulder surgery in June.

]]>
Student Loans: What Happens to Loans When You Leave College? https://mmogaccounts.com/student-loans-what-happens-to-loans-when-you-leave-college/ Sun, 06 Nov 2022 09:22:42 +0000 https://mmogaccounts.com/student-loans-what-happens-to-loans-when-you-leave-college/ Mall people drop out of college in the United States without a degree, but may not know what that means for their student loan. Read on to make sure you know how quitting can affect your loan status. Withdrawing from college before earning a degree is actually quite common. In fact, only 62% of students […]]]>

Mall people drop out of college in the United States without a degree, but may not know what that means for their student loan. Read on to make sure you know how quitting can affect your loan status.

Withdrawing from college before earning a degree is actually quite common. In fact, only 62% of students earn a bachelor’s degree within six years of starting their studies.

Not having a degree doesn’t absolve you of your student debt, however, and you could suddenly find yourself having to make repayments. Only in very rare cases will your loan be forgiven if you give up.

What happens to my loan if I drop out of college?

If you drop out of school, in most cases you will need to start repaying your loan. However, some lenders may grant a grace period of six months.

Make sure you know the terms set by your lender, as they vary. Normally federal loans will have a grace period, but this may not be the case for private lenders.

In many cases, you will also have to pay back any grants you have been awarded if you drop out. This may be proportional to the time you have spent studying on the scholarship.

What happens if I reduce my studies to less than half-time?

Although you may think that only graduating or dropping out would result in refunds, you should be careful. If you started out as a full-time student, but then reduce your workload to less than half-time, that often means you need to start paying off your loan.

For federal and private loans, it is usual to go below halftime to count as a withdrawal from college. As a result, repayments will begin, but, again, there will often be a six month grace period before you have to start paying.

What can I do if I can’t afford to repay my student loan after dropping out?

  • Apply for an income-based repayment plan
  • Request an abstention or postponement
  • Contact your lender
  • Refinance your loans
]]>
North Topsail secures $10 million grant for beach restoration project https://mmogaccounts.com/north-topsail-secures-10-million-grant-for-beach-restoration-project/ Thu, 03 Nov 2022 10:04:22 +0000 https://mmogaccounts.com/north-topsail-secures-10-million-grant-for-beach-restoration-project/ Last month, North Carolina distributed nearly $20 million in grants to help coastal communities better fortify and rebuild infrastructure on beaches battered by recent hurricanes, tropical storms, and northeast. “Coastal communities are facing more severe impacts from storms and flooding that require greater investment in a resilient coastline,” Governor Roy Cooper said when announcing the […]]]>

Last month, North Carolina distributed nearly $20 million in grants to help coastal communities better fortify and rebuild infrastructure on beaches battered by recent hurricanes, tropical storms, and northeast.

“Coastal communities are facing more severe impacts from storms and flooding that require greater investment in a resilient coastline,” Governor Roy Cooper said when announcing the awards. “Working with local governments to invest in smart storm damage repairs will help combat the effects of climate change and ensure that the North Carolina coast remains a beautiful place to live, work and visit.”

But in a world where climate change is bringing higher seas and more frequent and fierce storms to our shores, is investing taxpayers’ money in sand that is virtually guaranteed to last on the beach? is a smart investment?

STORM STRIKE:Remembering Hurricane Fran at 25 in photos

Heavy equipment operates along the southern area of ​​North Topsail Beach in 2015 as part of a beach nourishment project.

It depends. But with alternatives that aren’t easy, politically acceptable, or economically realistic — at least not yet — it’s often the only option officials feel they have.

But Dr Robert Young, director of the Developed Shorelines Program at Western Carolina University, said it was often a matter of kicking the proverbial box and not thinking about long-term solutions to problems that will only get worse. and costly to mitigate in years to come.

]]>
BlockFi faces $80 losses on exposure to Core Scientific https://mmogaccounts.com/blockfi-faces-80-losses-on-exposure-to-core-scientific/ Mon, 31 Oct 2022 21:48:37 +0000 https://mmogaccounts.com/blockfi-faces-80-losses-on-exposure-to-core-scientific/ Crypto lender BlockFi is reportedly facing potential losses of up to $80 million from its exposure to crypto miner Core Scientific, which has raised the possibility of bankruptcy in a regulatory filing. Core Scientific, one of the largest publicly traded U.S. crypto mining companies, said last week that it planned to skip payments due on […]]]>

Crypto lender BlockFi is reportedly facing potential losses of up to $80 million from its exposure to crypto miner Core Scientific, which has raised the possibility of bankruptcy in a regulatory filing.

BlockFi

Core Scientific, one of the largest publicly traded U.S. crypto mining companies, said last week that it planned to skip payments due on equipment financing and promissory notes. The announcement, which was part of a statement filed with the Securities and Exchange Commission, paved the way for a likely restructuring of the bitcoin miner.

Shares of the company fell 77% following the filing, which could ultimately wipe out the value of its shares and possibly lead to bankruptcy. In the latter scenario, holders of Core common stock could suffer “a total loss of their investment,” the regulatory filing said.

BlockFi reportedly loaned Core Scientific as part of its bitcoin miner funding program. The New Jersey-based lender used to take various assets pledged by borrowers to back up their applications for crypto loans. If the borrower obtains the loan and does not repay it, the lender has the right to seize the collateral to compensate for the loss of income.

Despite selling nearly all of its bitcoin in June, Austin-based Core, which operates in North Dakota, North Carolina, Georgia and Kentucky, fell to less than 30 million. dollars in cash.

Worse still for creditors, the miner intends to use proceeds from Bitcoin sales primarily to pay for operational expenses such as ASIC servers and data center capacity. According to Core’s filing, creditors can choose to sue the company for nonpayment, take action on collateral, as well as “choose to accelerate the principal amount of this debt.”

“BlockFi runs a diverse lending business for the crypto ecosystem, with mining-backed loans making up a minority portion of our broader loan portfolio. These mining-backed loans are secured by mining equipment, and we follow the same prudent risk and underwriting practices that we implement in the rest of our institutional business. BlockFi holds venture capital reserves to protect against possible defaults, including BlockFi’s chief risk officer, Yuri Mishkin. Prototypes.

Earlier this year, a leading private fund downgraded the status of its investments in BlockFi. The Private Shares Fund has reduced valuations of BlockFi’s Series E warrants to “worthless” from a valuation of $67 per unit in April.

A warrant agreement is a contract that gives one party the right to buy shares of a company at a specific price and date. As revealed in its report released in late June, the private fund also lowered the valuation of BlockFi’s preferred stock to $20 per share from $77 three months ago.

The news came on the heels of Bankman-Fried’s decision to provide a $250 million line of credit to BlockFi. The investment comes as BlockFi attempts to restore confidence during a period of mounting pressure after rivals Celsius Networks and Babel Finance froze withdrawals and transfers.

]]>
IMF mission to visit Moldova from October 31 to November 11 https://mmogaccounts.com/imf-mission-to-visit-moldova-from-october-31-to-november-11/ Fri, 28 Oct 2022 09:51:00 +0000 https://mmogaccounts.com/imf-mission-to-visit-moldova-from-october-31-to-november-11/ CHISINAU (Reuters) – An International Monetary Fund mission will visit Moldova from October 31 to November 11 to discuss the country’s 2023 budget, the implementation of existing commitments and the economic risks it faces, the country said on Friday. funds. The IMF last month announced a $27 million loan to help the tiny former Soviet […]]]>

CHISINAU (Reuters) – An International Monetary Fund mission will visit Moldova from October 31 to November 11 to discuss the country’s 2023 budget, the implementation of existing commitments and the economic risks it faces, the country said on Friday. funds.

The IMF last month announced a $27 million loan to help the tiny former Soviet republic cope with the impact of war in neighboring Ukraine and rising food and energy prices. .

The sum is part of a larger $800 million package agreed in May tied to improving Moldova’s fiscal governance, implementing anti-corruption reforms and other measures.

The IMF said in September that despite the impact of Russia’s invasion of Ukraine and soaring costs that will continue to see its Moldovan economy stagnate in the short term, the pro-Western government has made progress on reforms.

Moldova expects zero economic growth this year and inflation of almost 30%. Last year, the economy grew by almost 14%.

Political cartoons about world leaders

The country of 2.6 million people lies between Ukraine and Romania and has seen thousands of Ukrainian refugees settle there since Russia invaded Ukraine on February 24.

In June, Moldova obtained the status of candidate for membership of the European Union.

(Reporting by Alexander Tanas; Writing by Gareth Jones; Editing by Andrew Cawthorne)

Copyright 2022 Thomson Reuters.

]]>