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Common issues warranted class certification in action by borrowers challenging interest calculation. Hamilton v. Ohio Sav. Bank, 694 N.E.2d 442 (Ohio ......(Continue Reading) 4TH LD: Task force skips issuance of bad-loan report
TOKYO, Oct. 23 Kyodo (EDS: ADDING MORE COMMENTS, INFO) Financial Services Minister Heizo Takenaka succumbed Tuesday to pressure from politicians ......(Continue Reading)Loan origination costs must be capitalized
PNC Bancorp, Inc. v Commr, 110 TC No 27 (1998) The issue of deduction versus capitalization is among the most heavily litigated because the advantage ......(Continue Reading)Duration measures risk in loan & investment portfolios
Bonds and loans are very similar. Basically, both are promises to pay. Bonds are a promise by an issuer to your credit union to pay principal and interest ......(Continue Reading)Those interest-free loans - includes other tax information - column
We have always known there is no such thing as a free lunch. Now the Supreme Court has extended the rule so that there is no such thing as an interest-free ......(Continue Reading)
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