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The Coronavirus Aid, Relief, and Economic Security Act, [b][1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States. [3][4] The spending ...
[4] [24] [25] The company averaged about $1.5 million in loan originations daily, with a total of $600 million since its founding. [26] In April 2012, LendingClub's SEC registration from 2008 was renewed for $1 billion USD in Member Payment Dependent Notes and became effective on April 10, 2012. [27]
Teresa Paulo, former controller of Southern Pine Credit Union, was sentenced to five years in prison and ordered to pay back more than $1.2 million in restitution.
Mintos was founded in 2015. In September 2018 the total amount of loans funded through Mintos have surpassed Eur 1 billion. Most of the loans funded through Mintos are personal loans with car loans coming second. [82] In 2016 Mintos has raised Eur 2 million in funding from Latvian-based Venture Capital Skillion Ventures. [83]
Angelo Robert Mozilo (December 16, 1938 – July 16, 2023) was an Italian American mortgage industry banker who was co-founder, chairman of the board, and chief executive officer of mortgage giant Countrywide Financial until July 1, 2008. Mozilo retired shortly after the sale to Bank of America for a total of $4.1 billion in stock.
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
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