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Loans

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Top Loans Articles

Displaying items 111-121
  • 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...
  • State Settles With Companies Charging 'Exorbitant' Interest Rates

    The state has reached a settlement with two companies that issued loans at annual interest rates of up to 355 percent, Connecticut Banking Commissioner Howard F. Pitkin announced Wednesday. CashCall Inc. and Western Sky Financial LLC have agreed to pay a...
  • Student loans divide the have from the have-nots

    Here's a trick question: What do we owe more money on -- credit cards, auto loans or student debt? Ping! Time's up. If you answered student debt, congratulations. You're up to date on what some economists are calling the next big financial crisis. Or...
  • Home loan closing costs on the rise

    Home loan closing costs on the rise
    Home prices and mortgage rates aren't the only costs on the rise when it comes to buying a house these days. Expect higher closings costs as well, according to a new study by Bankrate.com. The average closing cost, which includes origination plus third-...
  • JPMorgan Chase exits student loan business: 'No meaningful growth'

    JPMorgan Chase exits student loan business: 'No meaningful growth'
    Citing a large drop-off in private student loan originations, a JPMorgan Chase & Co. spokeswoman confirmed Friday that the bank would stop issuing student loans Oct. 12. "Over the last five years, students have increasingly relied on government-backed...
  • 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...
  • Freddie Mac: 30-year mortgage rate 4.46%; highest since September

    Freddie Mac: 30-year mortgage rate 4.46%; highest since September
    Good news for the economy translated into bad news this week for mortgage borrowers, who were being offered an interest rate of 4.46% for the typical 30-year fixed loan, the highest level since mid-September, according to Freddie Mac. The rate, released...
  • Freddie Mac: Home loan rates level off; 30-year fixed at 4.51%

    Freddie Mac: Home loan rates level off; 30-year fixed at 4.51%
    Mortgage rates leveled off in familiar territory this week, home finance giant Freddie Mac said, with lenders offering 30-year fixed loans to solid buyers at an average of 4.51%, down from 4.53% last week. Fifteen-year fixed mortgages, popular with...