21. Edwards said that he had to threaten to withdraw the application before the lender finally approved the loan. 22. Federal regulations at the time only permitted Hale to approve such loans to economically disadvantaged borrowers, under a federal program. 23. Federal regulations at the time permitted Hale to approve such loans only for economically disadvantaged borrowers, under a federal program. 24. Finally, they took their business to another bank, which approved their loan after a week. 25. For that to happen, though, the Senate would have to convene an extraordinary session by tomorrow morning to approve the loan. 26. Goode thinks that banks will be less willing to approve home loans that are based on stock options or locked stock. 27. Having the officers subordinate the debt to the SBA could result in the loan being approved on appeal, Dobb said. 28. He said, however, the housing companies themselves were responsible for approving the loans. 29. If his loan is approved, he plans to purchase an additional parcel of land to serve as a truck pool and inventory center. 30. IBM introduced an Internet service to help banks and dealers approve car loans more quickly and said it would move into the relaying of car insurance next. |