NEW YORK, July 23 (Reuters) - Standard & Poor's said on Thursday it may cut the ratings of SLM Corp and Nelnet Inc, citing an increased likelihood the private lenders will no longer be able to originate Federal student loans in the coming year.
The rating agency placed the BBB-minus ratings of both SLM (SLM.N) and Nelnet (NNI.N) on CreditWatch negative. It cited a recent vote by the U.S. House of Representatives Education Committee to pass a bill that would eliminate the origination of federal student loans by private lenders by mid-2010.
The bill must still be passed by the full House and Senate, and be signed off by the President.
S&P said it was also concerned SLM's lackluster performance over the past few quarters would continue to be pressured by increasing provisions for its private education loans.
In this year's second-quarter, charge-offs or the writedown of bad debt at SLM, grew to $355 million from the $202 million posted in the first quarter.
"The deterioration in this portfolio highlights the higher-risk nature of these loans, which could become a much greater part of SLM's overall business model once legislation is passed," said S&P.
SLM said student loan volume increased 53 percent to $3.7 billion in the second quarter. The firm said it set aside $362 million for loan losses, up from the first quarter's $297 million, while charge-offs on managed private education loans more than doubled from the first quarter to $355 million.
Pending the results of its analysis, the rating agency said it may downgrade SLM's ratings by one or more notches over the next few quarters.
The rating agency is also in the process of determining Nelnet's future ability to generate income without being able to originate FFELP loans, and the transition risk involved in the elimination of lending under the program.
Its analysis will include a view of the growth potential of Nelnet's fee income businesses and its income generation ability as a servicer of government-originated student loans.
"We are also considering the nature of the ongoing relationship that the company will have with the government as a servicer, as well as the runoff timeframe of the company's current FFELP portfolio," said S&P.
Both SLM and Nelnet as well as two other companies were awarded a contract by the Department of Education in June to service $550 billion of federal student loans. The contracts should help the lenders offset potential revenue losses if the government adopts the proposed law.
Pending the outcome of its analysis, a ratings downgrade of Nelnet is possible in the next few quarters, said S&P. (Reporting by Nancy Leinfuss; Editing by James Dalgleish)
SOURCE:
Sunday, July 26, 2009
Tuesday, July 7, 2009
Sunday, July 5, 2009
How does 14-16 hours of full HANDS ON TRAINING on how to create semi-passive income on the internet - sound to you?
You should be at the Manila Internet Marketing Workshop. July 24-25,2009
In the Visayas/Mindanao? There's an Internet Marketing Seminar this July 15-17,2009. Click here for full details.
Not in the Philippines? Try the ONLINE WORKSHOP at http://www.homebasedbusinessphilippines.com to help you create that freedom-giving internet income:
Learn how to...
-Setup a business that can replace your day job
-Setup a business that you can sell someday. like real estate
-Setup a 2nd source of income w/o leaving your day job!
-Deal with Virtual Assistants for the first time-effectively!
-No retirement pay? No problem! Online businesses can be
your retirement income!
-Learn how the internet experts are doing it-even if
you're not that good yourself!
-Setup and use autoresponders
-Sell online w/o knowing how to sell personally
-Set things up automatically so it makes money while you
slumber
-Find and create products that can make income for you.
For Businesses:
-Learn the techniques Pinoy & International Internet
Marketers have used for years!
-Promote your business -online -ahead of your competitors!
-Follow SEO practices from the beginning --even w/o
realizing it!
-Find out where the LATEST keywords can come from
(nope, it's not overture)
-Discover more about your clients w/o asking them.
-Saturate the internet w/o doing the heavy lifting yourself.
Bo Sanchez presents Jomar Hilario in the ...
The Truly Rich Internet Marketing Hands On Workshop
*with 20,000 pesos worth of bonus products that you can use/sell/giveaway
Email manilaworkshop@gmail.com to get your SLOT reserved! Call up Beckie at Tel. (02) 7229562 (Tuesdays-Fridays 9:00 a.m. - 6.00 p.m.)
Venue: GENEX, Farmer's Plaza Mall, Cubao, beside the Cubao MRT (Walk in is discouraged due to the large amount of pre-event activities that are done).
Date: July 24-25,2009, Friday-Sat,
(Friday: 10:30am-5:30pm, Sat: 10:30am-5:30pm)
See what you can benefit from attending this workshop:
BENEFIT 1: Create a way to make money semi-passively on the internet. Blogging with Adsense with Automatic Writing (note: no writing talent required, minimum time spent per month)
How to....
+- Find popular niches in small markets in seconds!
+- Know what other things your market is interested in
aside from your niche.
+- Name your blog so it appears top in search engines
+- Update your blog regularly, even when you're on
vacation or busy doing other things.
+- Keep your blog relevant/current even if you have
no writing talent.
+- Develop your blog's popularity - both quickly and
slowly you can do both - at the same time!
+- Maximize your blog format for high adsense
earnings.
+- Track which niche is making money for you.
+- "Decorate" your blog with items that increase it's
earning potential.
+- Do "link love" for maximum popularity (for your blog).
+- Do all the above in the shortest number of steps
possible.
+- Make blogs that give only a high amount of income
and ignore those niches that pay comparatively little.
+- Make use of other people's blogs to make yours more
popular.
+- Never run out of topics for your blogs.
+- Take charge of your income in blogging - concentrate on
the money earners.
+- Do all of the above ETHICALLY and LEGALLY
BENEFIT 2: Build an online business complete with customers, products and credit card acceptance!
Create an online store, an online newsletter and a client capture website!
How to....
+- Start an online store with one product only and build up to
many
+- Set up a site or email that instantly accepts credit cards -
from the Philippines!
+- Capture client's emails in any site/email you create.
+- Create an automated online newsletter
+- Find stuff to put into your newsletter when you have no
writing talent.
+- Create free offers.
+- Use the very system that the Internet Marketing "Bigboys" are using to create their wealth!
+- Close a sale on the internet
+- Use BENEFIT 1 in creating your product - if you don't have
one.
+- Super charge your existing business so you're on top of your client's needs.
+- Fill up your store/venue when you have an event/promo
sale
+- Get ahead in your business using time tested practices
marketing experts use in your own niche!
BENEFIT 3: Let everybody in your market know all about you.
Internet Promotion, where to do it, do's and don'ts , do it.
How to....
+- Promote in forums, blogs, social networks, event
calendars, etc.
+- Have the correct mindset so you succeed in promotion
+- Synergize your offline and online promotions for
maximum success utilize offline marketing techniques in
your online promotions
+- Be a business owner- when it comes to promoting your
business or service.
BENEFIT 4: Virtual Assistants: Free up your time in the process. There's so much to do, so little time, What do I do?
How to....
+- Avoid doing all this heavy lifting and get your life back
while earning on the side.
+- Find, qualify and deal with virtual assistants (VA) that do
all the work for you
+- How to create digital products just by dealing with these VAs.
Experience Bonus 1:
------------------------------
You'll learn all the above without the technical terms and complicated concepts that sometimes cloud understanding. All you'll learn is practical, doable and instantly usable.
Take Home Bonus:
---------------------------
You take home ALL HANDOUTS and PRESENTATIONS so you can apply what you have learned on your own. All presentations are STEP-BY-STEP and even a grandmother can follow them. P.S. Bring a large capacity USB Thumb Drive for the BONUSES. (400MB)
Requirement:
Must be able to create a new email account. This is no joke. If you have no experience in creating an account - you might have a hard time following - and I suggest you bring along someone who is- to guide you! This requirement involves being able to surf, click, right click, drag, high-light, copy and paste. If you're chuckling because you know these things already - or you're sad because you don't --know that we will be spending time -during the event in training you in these basics.
Goal:
Create a working website that you can use to sell anything.
Promise:
This level of detail has not been available to others at this price before-till now. The value of this workshop is in excess of P 200,000 - if you attend it in the US.
Testimonials:
"Yahoo! I already earned my first $100, after 2 months!" - Dandy, Cebu
"What I liked about the workshop is that the instructions were easy to understand. Anyone with a little bit of basic computer skills will be able to comprehend." Vincent
"(I like the section on) Blogging & adsense...because I don't need to be a good writer to earn semi-passive income."
Ching
"What I like most in the workshop is the opportunity to market globally whatever you want to sell. I want to earn as well ." Mike
"Sulit na Sulit!" Judith
Details:
This is not a TALKING SEMINAR, but a DOING WORKSHOP. You leave the event with a website you can use to sell any product.
Email manilaworkshop@gmail.com to get your SLOT reserved!
Venue: GENEX, Farmer's Plaza Mall, Cubao, beside the Cubao MRT
Date: July 24-25,2009, Friday-Sat,
(Friday: 10:30am-5:30pm, Sat: 10:30am-5:30pm
You only have a few days to decide-there are limited seats! A workshop of THIS level of detail is NOT OFFERED ANYWHERE in the Philippines.
Email Beaconlightevents+blog@gmail.com to reserve your slot before the the limited # of seats run out. It's July 24-25,2009. Yes, it's so good you will say that a day's absence from work will be MORE THAN WORTH IT.
Super Double Guarantee: If you're not able to recover double the fee (P 9750 per person, the special Couples or Business Partners Price is P8750 only per person) to this workshop using what you learned - after one year, we'll refund you plus 1,000 pesos for your trouble!
To avail of this workshop in the US - will cost you P 85,000 - P200,000 - and that's just attendance to a seminar. This workshop is a bargain at P 9750.-!
Email Beaconlightevents+blog@gmail.com to get details on how to reserve your seat now.
Bo Sanchez presents Jomar Hilario
About the Trainor:
Goal: To Make You Truly Rich
Core gift: Teaching and Training
Passion: Sharing his (Technical) knowledge in the simplest way.
Core skills: Presentation, Internet Technology, Marketing
Recent Achievement: Filled up a 10,000 seat venue in 30 days via online marketing. Yes, how this is done will also be shared in the Internet Marketing Workshop.
P.S1. Each person most likely knows someone else who is passionate about earning online. Please do not close this email until you've sent this opportunity to that person. He or she will be thanking you -richly - very very soon.
Oh yes the P 20,000 worth of bonuses is included in his package. This contains Ebooks that you can sell or give away to attract your customers, specially if you don't have a product. There are also programs you can use in your business as well as Informational Ebooks about Internet Marketing.
In the Visayas/Mindanao? There's an Internet Marketing Seminar this July 15-17,2009. Click here for full details.
Not in the Philippines? Try the ONLINE WORKSHOP at http://www.homebasedbusinessphilippines.com to help you create that freedom-giving internet income:
Learn how to...
-Setup a business that can replace your day job
-Setup a business that you can sell someday. like real estate
-Setup a 2nd source of income w/o leaving your day job!
-Deal with Virtual Assistants for the first time-effectively!
-No retirement pay? No problem! Online businesses can be
your retirement income!
-Learn how the internet experts are doing it-even if
you're not that good yourself!
-Setup and use autoresponders
-Sell online w/o knowing how to sell personally
-Set things up automatically so it makes money while you
slumber
-Find and create products that can make income for you.
For Businesses:
-Learn the techniques Pinoy & International Internet
Marketers have used for years!
-Promote your business -online -ahead of your competitors!
-Follow SEO practices from the beginning --even w/o
realizing it!
-Find out where the LATEST keywords can come from
(nope, it's not overture)
-Discover more about your clients w/o asking them.
-Saturate the internet w/o doing the heavy lifting yourself.
Bo Sanchez presents Jomar Hilario in the ...
The Truly Rich Internet Marketing Hands On Workshop
*with 20,000 pesos worth of bonus products that you can use/sell/giveaway
Email manilaworkshop@gmail.com to get your SLOT reserved! Call up Beckie at Tel. (02) 7229562 (Tuesdays-Fridays 9:00 a.m. - 6.00 p.m.)
Venue: GENEX, Farmer's Plaza Mall, Cubao, beside the Cubao MRT (Walk in is discouraged due to the large amount of pre-event activities that are done).
Date: July 24-25,2009, Friday-Sat,
(Friday: 10:30am-5:30pm, Sat: 10:30am-5:30pm)
See what you can benefit from attending this workshop:
BENEFIT 1: Create a way to make money semi-passively on the internet. Blogging with Adsense with Automatic Writing (note: no writing talent required, minimum time spent per month)
How to....
+- Find popular niches in small markets in seconds!
+- Know what other things your market is interested in
aside from your niche.
+- Name your blog so it appears top in search engines
+- Update your blog regularly, even when you're on
vacation or busy doing other things.
+- Keep your blog relevant/current even if you have
no writing talent.
+- Develop your blog's popularity - both quickly and
slowly you can do both - at the same time!
+- Maximize your blog format for high adsense
earnings.
+- Track which niche is making money for you.
+- "Decorate" your blog with items that increase it's
earning potential.
+- Do "link love" for maximum popularity (for your blog).
+- Do all the above in the shortest number of steps
possible.
+- Make blogs that give only a high amount of income
and ignore those niches that pay comparatively little.
+- Make use of other people's blogs to make yours more
popular.
+- Never run out of topics for your blogs.
+- Take charge of your income in blogging - concentrate on
the money earners.
+- Do all of the above ETHICALLY and LEGALLY
BENEFIT 2: Build an online business complete with customers, products and credit card acceptance!
Create an online store, an online newsletter and a client capture website!
How to....
+- Start an online store with one product only and build up to
many
+- Set up a site or email that instantly accepts credit cards -
from the Philippines!
+- Capture client's emails in any site/email you create.
+- Create an automated online newsletter
+- Find stuff to put into your newsletter when you have no
writing talent.
+- Create free offers.
+- Use the very system that the Internet Marketing "Bigboys" are using to create their wealth!
+- Close a sale on the internet
+- Use BENEFIT 1 in creating your product - if you don't have
one.
+- Super charge your existing business so you're on top of your client's needs.
+- Fill up your store/venue when you have an event/promo
sale
+- Get ahead in your business using time tested practices
marketing experts use in your own niche!
BENEFIT 3: Let everybody in your market know all about you.
Internet Promotion, where to do it, do's and don'ts , do it.
How to....
+- Promote in forums, blogs, social networks, event
calendars, etc.
+- Have the correct mindset so you succeed in promotion
+- Synergize your offline and online promotions for
maximum success utilize offline marketing techniques in
your online promotions
+- Be a business owner- when it comes to promoting your
business or service.
BENEFIT 4: Virtual Assistants: Free up your time in the process. There's so much to do, so little time, What do I do?
How to....
+- Avoid doing all this heavy lifting and get your life back
while earning on the side.
+- Find, qualify and deal with virtual assistants (VA) that do
all the work for you
+- How to create digital products just by dealing with these VAs.
Experience Bonus 1:
------------------------------
You'll learn all the above without the technical terms and complicated concepts that sometimes cloud understanding. All you'll learn is practical, doable and instantly usable.
Take Home Bonus:
---------------------------
You take home ALL HANDOUTS and PRESENTATIONS so you can apply what you have learned on your own. All presentations are STEP-BY-STEP and even a grandmother can follow them. P.S. Bring a large capacity USB Thumb Drive for the BONUSES. (400MB)
Requirement:
Must be able to create a new email account. This is no joke. If you have no experience in creating an account - you might have a hard time following - and I suggest you bring along someone who is- to guide you! This requirement involves being able to surf, click, right click, drag, high-light, copy and paste. If you're chuckling because you know these things already - or you're sad because you don't --know that we will be spending time -during the event in training you in these basics.
Goal:
Create a working website that you can use to sell anything.
Promise:
This level of detail has not been available to others at this price before-till now. The value of this workshop is in excess of P 200,000 - if you attend it in the US.
Testimonials:
"Yahoo! I already earned my first $100, after 2 months!" - Dandy, Cebu
"What I liked about the workshop is that the instructions were easy to understand. Anyone with a little bit of basic computer skills will be able to comprehend." Vincent
"(I like the section on) Blogging & adsense...because I don't need to be a good writer to earn semi-passive income."
Ching
"What I like most in the workshop is the opportunity to market globally whatever you want to sell. I want to earn as well ." Mike
"Sulit na Sulit!" Judith
Details:
This is not a TALKING SEMINAR, but a DOING WORKSHOP. You leave the event with a website you can use to sell any product.
Email manilaworkshop@gmail.com to get your SLOT reserved!
Venue: GENEX, Farmer's Plaza Mall, Cubao, beside the Cubao MRT
Date: July 24-25,2009, Friday-Sat,
(Friday: 10:30am-5:30pm, Sat: 10:30am-5:30pm
You only have a few days to decide-there are limited seats! A workshop of THIS level of detail is NOT OFFERED ANYWHERE in the Philippines.
Email Beaconlightevents+blog@gmail.com to reserve your slot before the the limited # of seats run out. It's July 24-25,2009. Yes, it's so good you will say that a day's absence from work will be MORE THAN WORTH IT.
Super Double Guarantee: If you're not able to recover double the fee (P 9750 per person, the special Couples or Business Partners Price is P8750 only per person) to this workshop using what you learned - after one year, we'll refund you plus 1,000 pesos for your trouble!
To avail of this workshop in the US - will cost you P 85,000 - P200,000 - and that's just attendance to a seminar. This workshop is a bargain at P 9750.-!
Email Beaconlightevents+blog@gmail.com to get details on how to reserve your seat now.
Bo Sanchez presents Jomar Hilario
About the Trainor:
Goal: To Make You Truly Rich
Core gift: Teaching and Training
Passion: Sharing his (Technical) knowledge in the simplest way.
Core skills: Presentation, Internet Technology, Marketing
Recent Achievement: Filled up a 10,000 seat venue in 30 days via online marketing. Yes, how this is done will also be shared in the Internet Marketing Workshop.
P.S1. Each person most likely knows someone else who is passionate about earning online. Please do not close this email until you've sent this opportunity to that person. He or she will be thanking you -richly - very very soon.
Oh yes the P 20,000 worth of bonuses is included in his package. This contains Ebooks that you can sell or give away to attract your customers, specially if you don't have a product. There are also programs you can use in your business as well as Informational Ebooks about Internet Marketing.
Saturday, July 4, 2009
Why I think PayDotCom is the Best Affiliate Marketplace on the Net!
Hi
Neal Vryan here...
If you are familiar with Clickbank.com (R), or even if you are not but you want to make profits online, then you will want to check this out ASAP ...
While I like Clickbank, and they are a great marketplace... they are limited to many restrictions to sell products or earn affiliate commissions...
Well, there is a GREAT NEW SERVICE now...
It is a new FREE marketplace where you can sell any product you want.
Yours OWN product...
- OR - (the best part)
You can become an INSTANT Affiliate for ANY item in their HUGE marketplace.
It is called PayDotCom.com!
Did I mention it is 100% FREE to Join!
This site is going to KILL all other marketplaces and I by now, almost EVERY SINGLE SERIOUS online marketer has an account with PayDotCom.com
So get yours now and see how much they offer...
OH! - Also, they have their won affiliate program now that pays you COLD HARD cash just for sharing the site with people like I am doing with you...
They give you cool tools like BLOG WIDGETS, and they even have an advertising program to help you get traffic to your site.
If you want an ARMY of affiliates to sell your products for you, they also allow you to have Free placement in their marketplace!
Even better... If your product becomes one of the Top 25 products in its category in the marketplace (not that hard to do)...
...then you will get Free advertising on the Blog Widget which is syndicated on THOUSANDS of sites World Wide and get Millions of impressions per month.
So, what are you waiting for...
PayDotCom.com ROCKS!
Get your FREE account now...
http://paydotcom.net/?affiliate=598323
Thanks,
Neal Vryan
P.S. - Make sure to get your Account NOW while it is Free to join, and start Selling products online now.
Neal Vryan here...
If you are familiar with Clickbank.com (R), or even if you are not but you want to make profits online, then you will want to check this out ASAP ...
While I like Clickbank, and they are a great marketplace... they are limited to many restrictions to sell products or earn affiliate commissions...
Well, there is a GREAT NEW SERVICE now...
It is a new FREE marketplace where you can sell any product you want.
Yours OWN product...
- OR - (the best part)
You can become an INSTANT Affiliate for ANY item in their HUGE marketplace.
It is called PayDotCom.com!
Did I mention it is 100% FREE to Join!
This site is going to KILL all other marketplaces and I by now, almost EVERY SINGLE SERIOUS online marketer has an account with PayDotCom.com
So get yours now and see how much they offer...
OH! - Also, they have their won affiliate program now that pays you COLD HARD cash just for sharing the site with people like I am doing with you...
They give you cool tools like BLOG WIDGETS, and they even have an advertising program to help you get traffic to your site.
If you want an ARMY of affiliates to sell your products for you, they also allow you to have Free placement in their marketplace!
Even better... If your product becomes one of the Top 25 products in its category in the marketplace (not that hard to do)...
...then you will get Free advertising on the Blog Widget which is syndicated on THOUSANDS of sites World Wide and get Millions of impressions per month.
So, what are you waiting for...
PayDotCom.com ROCKS!
Get your FREE account now...
http://paydotcom.net/?affiliate=598323
Thanks,
Neal Vryan
P.S. - Make sure to get your Account NOW while it is Free to join, and start Selling products online now.
Wednesday, July 1, 2009
State's credit union mortgage lending increases significantly in 10 years
Mortgage lending at Washington state’s credit unions in the last 10 years has increased 313 percent, according the National Credit Union Administration.
The state’s credit unions made more than $10.5 billion in mortgage loans during the first quarter of the year, compared with $3.3 billion 10 years earlier.
The past 10 years also have jumps in car loans and savings deposits, reported the Washington Credit Union League.
There are about 2.6 million credit union members in the state.
Do they have track records with people having usa credit?
Source
The state’s credit unions made more than $10.5 billion in mortgage loans during the first quarter of the year, compared with $3.3 billion 10 years earlier.
The past 10 years also have jumps in car loans and savings deposits, reported the Washington Credit Union League.
There are about 2.6 million credit union members in the state.
Do they have track records with people having usa credit?
Source
Subscribe to:
Posts (Atom)