Petraeus: Loans force families apart

Many military homeowners who saw their homes plummet in value in the financial crisis still can’t get relief from “under water” mortgages that leave families owing more to loan servicers than their homes are worth. The situation is especially difficult for the military where families must move every two to four years. Some affected members, […]

Disaster loans available for small, non-farm businesses

CNJ staff Small, non-farm businesses in Curry, Roosevelt and Quay counties can apply for low-interest disaster loans from the U.S. Small Business Administration, according to a news release from the SBA. Small non-farm businesses, small agricultural cooperatives and most private, non-profit organizations may qualify for Economic Injury Disaster Loans of up to $2 million. The […]

Press release: Low interest business loans for drought impact

WASHINGTON – U.S. Senator Jeff Bingaman announced today that the federal government is making low-interest loans available to small, nonfarm businesses in 21 New Mexico counties that were affected by drought and high winds that occurred April 1, 2009 through December 31, 2009.

Habitat for Humanity seeking director

CNJ staff Habitat for Humanity, which serves Curry and Roosevelt counties, is seeking a new executive director. Longtime director Joyce Davis has informed the board of directors she plans to step down from the role and remain on in a volunteer role, effective July 1. The executive director is the chief operating officer of the […]

Opinions mixed on new student loan law

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CNJ staff photo: Tony Bullocks Nicole Johnson of Clovis, a student at Clovis Community College, plans on going into the nursing program and will be using student aid and financial assistance to help her through school. By Clarence Plank: Freedom New Mexico A new law was signed Tuesday gives students a break with more money […]

Rural home loans available

Federal Government Funding Available For Home Loans in Rural New Mexico Albuquerque, NM, January 14, 2008 – USDA Rural Development State Director Ryan Gleason reminded rural New Mexicans that the agency he leads has financing for the Single Family Housing Guaranteed Loan Program (GRH) and other housing programs. In making the announcement, Gleason said, “While […]

Government aid will make housing problems worse

By Freedom New Mexico No one can now deny the obvious: The housing bubble, especially in high-priced real estate markets, has popped. New home sales are projected to fall nationwide to 805,000 this year, down 23 percent from 1.05 million last year, the National Association of Realtors has reported. If that happens, it would be […]

Cops and Courts: Clovis man held without bail for sixth DWI

By Sharna Johnson: CNJ staff writer A 42-year-old Clovis man remains in jail after being arrested June 10 for his sixth DWI, according to jail officials. Johnny Aragon is being held without bail for violating probation for an unrelated 2005 conviction. Aragon was pulled over driving a vehicle about 5 p.m. after he allegedly failed […]

Business Digest: Emergency loan deadline set

By Jean Verlich: CNJ news editor Farmers have until Dec. 2 to apply for low-interest emergency loans from the Department of Agriculture to help cover the cost of losses suffered from the March tornadoes, according to a news release from New Mexico’s legislators. President Bush declared a state of disaster on April 2 in Curry […]

It’s their business: Mesa Financial

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CNJ staff photo: Cortney Graham By Jean Verlich: CNJ news editor Name: Mesa Financial Location: 403 Pile St. What they do: Lending institution — make loans to purchase vehicles, personal loans, mortgages Who’s in charge: Jason Crume is the manager and partner. Employees: Two plus Crume How long in business: 10 years, moved in April […]