More than $10 billion a year in U.S. taxpayer subsidies meant to assist house buyers may instead be adding to the profits of lenders. Jack Hough reports on Markets Hub. Photo: Reuters.
NYS Entity Status
NYS Filing Date
OCTOBER 08, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED LIABILITY COMPANY
2014 - ARC LENDER U LLC
AROUND THE WEB
- Mortgage Deduction Gives Profits to Lenders
Tuesday Jun 12, 2012
- Gymboree’s lenders working on comeback strategy for retailer
By Josh Kosman - Saturday Jun 24, 2017
Gymboree’s lenders are working on a fast-paced comeback strategy for the bankrupt kids’ clothing retailer, The Post has learned. Bondholders Brigade Capital, Oppenheimer and Searchlight Capital have already begun to execute a detailed plan to turn around the 1,300-store chain retailer, which filed for Chapter 11 earlier this month, according to a source with direct...
- European Central Bank Orders Two Italian Lenders Closed
Friday Jun 23, 2017
Troubled Italian lenders Veneto Banca and Banca Popolare di Vicenza will be wound down after the European Central Bank decided Friday they are likely to fail.
- Blink Health Ends Pact With Express Scripts for Lilly Insulin Price Discounts
Tuesday Jun 13, 2017
Blink Health LLC, a provider of consumer price discounts for prescription drugs, said it has terminated its relationship with Express Scripts Holding Co., a pharmacy-benefit manager that helped arrange the new price break for Lilly’s insulin.
- J.Crew lenders file new lawsuit over trademark transfer
By Bloomberg News - Thursday Jun 22, 2017
J.Crew Group Inc.’s debt restructuring can’t go forward because not all lenders agreed to it, and it seals the deal on an improper shift of trademark assets to benefit the...
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- Lenders ask judge to hit J.Crew with restraining order
By Josh Kosman, Julia Marsh - Thursday Jun 22, 2017
Just when J.Crew thought it had fixed its debt mess, a group of creditors is raising a fresh ruckus in court over the retailer’s unusual deal to fix its balance sheet. Lenders to the sales-challenged clothing chain on Thursday asked a judge to block the retailer from carrying out an unusual and controversial move to...
- At the Local Level, Even Small Doses of NEA Funding Mean So Much
By Eileen Cunniffe - Monday Jun 5, 2017
What began with a $25,000 NEA grant in 2011 has blossomed into more than $1 million to fund community-building arts projects and a “sense of possibility” in rural Fergus Falls, Minnesota.
- AquaBounty Lines Up First U.S. Fish Farm With Deal for Indiana Site
By Frank Vinluan - Tuesday Jun 13, 2017
When salmon from AquaBounty Technologies reach grocery stores and restaurants, some of them will come from America’s heartland. AquaBounty (NASDAQ: AQB) has agreed to pay $14 million in cash to acquire some of the assets of Bell Fish Company, including that company’s fish farm in Albany, IN. The deal will give Maynard, MA-based AquaBounty its […]