To get such a guarantee, loans must meet certain specifications.
Fannie Mae will also begin charging more to guarantee loan repayments, a step that is likely to push mortgage rate higher.
LEO W. GERARD President, United Steelworkers Pittsburgh, Sept. 24, 2011 To the Editor: Joe Nocera focuses on whether Solyndra executives misused a federally guaranteed loan.
The company was the first recipient of a federally guaranteed loan for alternative energy projects, but now is being investigated by the Justice Department over whether it provided misleading financial information to federal authorities.
Sgarlata, the latest one, reportedly said that Sicily never signed a contract guaranteeing loan of the items to the U.S. museums.
On Nov. 1st, the Administation proposed that the government, by an act of Congress, guarantee loans of up to a billion and a half.
The support is a guarantee of loans from private finance to those building the first of the next generation of new nuclear power stations.
The Saudis, the UK's largest arms customer, have bought 72 Typhoons, and the Omanis 12 in a deal backed by a UK government guaranteed loan of £2bn.
The SBA does not make loans to buy a business, but it does guarantee loans for business acquisitions.
In return for legislation that gave the company a $1.5 billion federally guaranteed loan — the number seems so quaint now, like Dr. Evil demanding a $1 million ransom!
Mr. Linden said he planned to explore a smaller federally guaranteed loan to shore up his credit line.
