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Loans

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Top Loans Articles

Displaying items 100-110
  • Mortgage lender accused of paying illegal bonuses for costlier loans

    Mortgage lender accused of paying illegal bonuses for costlier loans
    WASHINGTON -- The Consumer Financial Protection Bureau on Tuesday sued Castle & Cooke Mortgage, accusing it of paying illegal bonuses to employees who steered home buyers toward higher-interest loans. The suit marks the first time a company has been...
  • Fixing student loan rates isn't enough

    Fixing student loan rates isn't enough
    After months of partisan haggling and finger-pointing, the Senate is scheduled to vote today on a bill that would keep interest rates on college student loans from doubling. Actually, the rate already has doubled — from 3.4 percent to 6.8 percent...
  • Toward Sanity On Student Loans

    Toward Sanity On Student Loans
    Congress, which doesn't accomplish much lately without political convulsions, may be close to a needed broad agreement on lowering student loan interest rates. Interest rates on federally subsidized student loans doubled from 3.4 percent to 6.8...
  • Rising Student Loan Costs A Bad Deal For The Nation

    For generations, there has been a tried and true way for parents to help their children get ahead: investing in their education. Along the way, we learned that the same formula works for society as well. Make public investments in education — be...
  • Village Entrance parking structure opponents meet

    A broad-based group of opponents to the proposed Village Entrance project declared war this week. The opening salvo is the website http://www.letlagunavote.com which came on line Wednesday, created by the opponents who have been quietly meeting to...
  • City answers some Village Entrance questions

    This question and answer about the Village Entrance project was compiled by city staff and approved by City Manager John Pietig. Is there contaminated soil at the Village Entrance site and, if so, how would this affect the project? As with virtually any...
  • U.S. sues BofA over mortgage-backed securities

    In twin securities-fraud lawsuits against Bank of America Corp., the federal government is accusing the nation's second-largest lender of lying to investors about supposedly prime loans that more closely resembled subprime "liar loans." The civil suits,...
  • Housing finance, beyond Fannie and Freddie

    Housing finance, beyond Fannie and Freddie
    President Obama this week joined lawmakers from both parties in calling for Congress to wind down Fannie Mae and Freddie Mac, the privately owned but government-backed companies that supply most of the funding for home mortgages in this country. There...
  • Unwinding Fannie and Freddie

    Unwinding Fannie and Freddie
    Fannie Mae and Freddie Mac, as it turns out, were a pleasant fiction. The quasi-government guarantors of mortgage loans seemed like a good deal for Americans during all the years when they helped guarantee the availability of affordable, long-term home...
  • N.Y. state accuses CashCall of loan abuses

     N.Y. state accuses CashCall of loan abuses
    NEW YORK — New York's attorney general has accused an Anaheim lender of illegally charging triple-digit interest rates on personal loans, then hounding borrowers to collect payments when they inevitably fell behind. The lawsuit, filed late Monday,...
  • Richmond's eminent domain mortgage plan faces a new concern

    Richmond's eminent domain mortgage plan faces a new concern
    There may be a new glitch in Richmond’s strategy to bring mortgage relief to residents using the city's eminent domain powers. The federal government has raised concerns that participating homeowners may not be eligible to refinance into the kinds...