Bill Cosby is on the hunt for a $30 million loan, according to Page Six. Cosby, 80, is looking for a hard money loan against his 12,000-square-foot townhouse on the Upper East Side as he hires a new legal team to represent him in his sexual assault case. A source tells Page Six: “Cosby is looking for a […]

Lifestyle

You’ve probably heard time and again not to lend money to family members or close friends. The horror stories are plenty: at best, people say you shouldn’t expect to be paid back, at worst, it can destroy an otherwise positive relationship. This is the general wisdom, so of course, many of us avoid it altogether. But […]

Bank Of American is accusing MJB of defaulting on a loan.  Read the full story here.

  Reports say that Mary J. Blige has been hit with a lawsuit — which has claimed that the singer and her hubby defaulted on a $2.2 million bank loan. According to Reuters, Signature Bank filed court docs in New York State Supreme Court in Manhattan and they are looking to recoup the original loan plus $58,000 in […]

Obama

via: cnn.com NEW YORK (CNNMoney) — Borrowers with some federally insured mortgages will be able to refinance into lower interest rate loans more easily and cheaply under a plan being unveiled Tuesday by the Obama administration. At a news conference scheduled later in the day, President Obama was set to announce that the Federal Housing […]