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Loans

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Top Loans Articles

Displaying items 100-110
  • Local Voices Lake: March 27 edition

    Local Voices Lake: March 27 edition
    Letters to the editor from Lake Forest, Libertyville and Highland Park. Business owners This is concerning raising the minimum wage. An employer looks at a new law and considers what he has to do to comply with it. A raise for his workers of about...
  • Holding for-profit colleges accountable

    Holding for-profit colleges accountable
    For-profit colleges that wildly exaggerate their graduates' success and talk prospective attendees into taking on extraordinary debt are not only harming their students but costing taxpayers billions of dollars on wasted Pell grants and defaulted...
  • City-owned Hilton spends most of its occupancy tax set-aside on debt service

    City-owned Hilton spends most of its occupancy tax set-aside on debt service
    The city-owned Hilton Baltimore spent nearly all of the $2.8 million it generated in hotel occupancy taxes — money the city gave it last year to help the struggling convention center hotel make its debt payments, officials said. The hotel did...
  • Village revenues on the rise in Plainfield

    Village revenues on the rise in Plainfield
    A proposed draft of the 2014-15 Plainfield budget shows that revenues in the suburb are increasing. At a committee-of-the-whole meeting on Monday, Traci Pleckham, director of management services, told trustees that revenues are projected to be near $47.2...
  • Illinois mortgage delinquencies fall 27% in 2013

    Illinois mortgage delinquencies fall 27% in 2013
    Five percent of Fannie Mae and Freddie Mac-backed single-family mortgages in Illinois, or 68,000 loans, were delinquent at the end of 2013,  a sizable decline from last year but still higher than the national average. One-third of those past-due home...
  • The student loan crisis: How middle-class kids get hammered

    The student loan crisis: How middle-class kids get hammered
    Last October, in between arguments over the debt ceiling, the federal government somehow found time to send me an email. My student loan payment was 70 days past due, the message read, so the government had negatively reported me to each major credit...
  • Freddie Mac: Average 30-year fixed mortgage rate falls to 4.32%

    Fixed mortgage rates fell early this week, with Freddie Mac reporting the average for 30-year loans dropped to 4.32% from 4.37% last week. The McLean, Va., housing finance company said lenders were offering 15-year fixed home loans, a popular option for...
  • Freddie Mac: Mortgage rates dip again; 30-year average at 4.23%

    Weaker signals from the housing markets sent mortgage rates lower for the fifth week in a row, with Freddie Mac reporting that lenders were offering 30-year fixed home loans to solid borrowers at an average of 4.23%, down from 4.32% a week ago. The rate...
  • Regulator accuses ITT for-profit college chain of predatory lending

    [Updated 1:45 p.m. PST Feb. 26: This post has been updated to include a response from ITT Educational Services and to reflect the closing stock price.] In its first action against a company in the for-profit college industry, the federal Consumer...
  • Wells Fargo profit up 10% despite downturn in mortgages

    Wells Fargo profit up 10% despite downturn in mortgages
    Despite a sharp downturn in its market-leading mortgage business, Wells Fargo & Co. reported a 10% improvement in fourth-quarter earnings as loan losses declined and the San Francisco bank collected higher fees in other businesses. Wells, which wrote...
  • Wells Fargo eclipses JPMorgan as most profitable U.S. bank

    NEW YORK — Massive legal payouts didn't just cost JPMorgan Chase & Co. billions last year. They also cost the Wall Street giant its title as America's most profitable bank. After weathering a barrage of legal and regulatory assaults in 2013, the...