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Loans

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Top Loans Articles

Displaying items 100-110
  • Strategic default may help seriously underwater homeowner

    By Ilyce Glink and Samuel J. Tamkin Q: My husband and I purchased a condo in Atlanta in 2006 with an 80/20 loan, the 20 percent being a home equity loan. The 80 percent primary loan is a Fannie Mae loan with a five-year initial period that is fixed-rate...
  • Wealthy Chinese home buyers boost suburban L.A. housing markets

    Wealthy Chinese home buyers boost suburban L.A. housing markets
    The overflow from China's economic high tide is transforming the housing markets of suburban Los Angeles. Affluent Chinese home buyers are driving prices past boom-era peaks, spawning a subset of property brokers and mortgage lenders that cater to their...
  • Repay loans or invest in the market? What to do with a tax refund

    Dear Liz: I got a big tax refund this year and am trying to figure out what to do with the money. Right now I have school loans with a 4% interest rate that I do not need to make a payment on until 2024 with my current payment plan, but the amount I owe...
  • Co-signing has risks for young borrower, too

    It doesn't always pay for young borrowers to add parents, grandparents or other relatives as co-signers to get a lower interest rate on a student loan from a bank. In some cases, when the co-signer dies or falls into bankruptcy, the action may trigger an...
  • Mortgage lending slows to a 14-year low

    Mortgage lending slows to a 14-year low
    Fewer home sales and rising interest rates have led to the nation's lowest level of mortgage lending in 14 years. Just $235 billion in home loans were started in the first three months of the year, the lowest figure recorded in a quarter since 2000,...
  • Bankruptcies Should Cover Student Loans, Too

    Allowing student loan debt to be discharged under bankruptcy laws, as recently advocated by Sen. Richard Blumenthal, is a matter of fairness. Currently, student loans are not dischargeable. Many people oppose the senator's proposal because they think it...
  • GM Ignition-Switch Recall: What Owners Need To Know

     
    GM's ignition-switch recall may have reached new heights Thursday, with one auto-safety group declaring that 303 people have died as a result of airbags failing to deploy in two of the six cars recalled for faulty ignition switches. GM disputed......
  • Sculpture uprooted from Civic Center grounds

    Sculpture uprooted from Civic Center grounds
    Positioned in the breezeway between the Newport Beach City Council chambers and community room, just to the side of the main thoroughfare, a fabricated piece of metal lies fastened to the ground. It's the only outdoor sculpture at the Civic Center,...
  • Mortgage servicer to pay $268 million to Californians

    Mortgage servicer to pay $268 million to Californians
    California victims of alleged foreclosure abuses will get $268 million in relief from a $2.1-billion national settlement with Ocwen Financial Corp., the nation's largest non-bank provider of mortgage customer service. Ocwen broke state law by improperly...
  • University officials support loans for undocumented students

    University officials support loans for undocumented students
    SACRAMENTO -- Administrators from California’s two public university systems called Wednesday for the state to provide student loans to some immigrants in the country illegally to cover expenses not met with state scholarships. UC President...
  • Colonial Realty's Founders Bilked Nearly 7,000 Investors

    Colonial Realty's Founders Bilked Nearly 7,000 Investors
    Bernard Madoff's investor fraud took the Ponzi scheme to a new level, but it wasn't so long ago that Connecticut had its own infamous fraud case tied to some of Hartford's most well-known real estate: Colonial Realty Co. And in the two decades since...