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Loans

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Top Loans Articles

Displaying items 100-110
  • Congressional Deadlock Only Piles Student Loan Burden Higher

    It comes as no surprise that a deadlocked Congress missed the July 1 deadline to pass a bill that would have kept the interest rates on federally subsidized Stafford student loans from doubling from 3.4 percent to 6.8 percent, as required in 2007...
  • Wells Fargo, JPMorgan 2nd-quarter profits beat Wall Street forecasts

    Wells Fargo, JPMorgan 2nd-quarter profits beat Wall Street forecasts
    Wells Fargo & Co. booked a record $5.5 billion in profit during the second quarter despite a dramatic rise in mortgage rates and signs of a slowdown in its refinancing business. The 19% year-over-year jump in earnings for the nation's largest home...
  • Consumer Portfolio Services a subprime-auto-lender survivor

    Consumer Portfolio Services a subprime-auto-lender survivor
    Consumer Portfolio Services Inc. operates on a simple principle: Everyone needs a car. For more than two decades, the Irvine subprime auto lender, known as CPS, has helped finance vehicles for people who have less than perfect credit. Employing a...
  • 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...
  • Hyatt Regency Chesapeake dips into reserves to pay debt

    Hyatt Regency Chesapeake dips into reserves to pay debt
    The state-owned Hyatt Regency Chesapeake Bay resort in Cambridge continues to deplete a reserve fund to cover its semiannual debt payments because it is not making enough money. The state withdrew $2 million from the reserve June 1, cutting the fund's...
  • Subsidized student loans fuel higher tuition

    A recent article in The Sun lamented the scheduled interest rate increase on student loans ("Student loan rates set to rise, barring Congress cram session," June 7). Cancellation of this program would be of benefit to all future students. The increase...
  • S.D. lender that claimed tribal immunity ordered to stop making loans in Md.

    S.D. lender that claimed tribal immunity ordered to stop making loans in Md.
    State regulators have ordered a South Dakota-based payday lender to stop making consumer loans in Maryland after finding the company used predatory tactics and charged excessive interest rates. Western Sky Financial, located on a reservation in Timber...
  • Bad at math? Maybe you should pass on a subprime mortgage

    Bad at math? Maybe you should pass on a subprime mortgage
    Can you figure out how much a $300 sofa would cost during a half-price sale? If five people share the winning numbers for a lottery with a $2-million prize, can you calculate how much money will wind up in each winner’s pocket? If questions like...