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Loans

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Top Loans Articles

Displaying items 111-121
  • U.S. to begin regulating largest student-loan servicing firms

    U.S. to begin regulating largest student-loan servicing firms
    Students who get the runaround from companies handling their college loans soon may get help from the federal government. The Consumer Financial Protection Bureau said it will begin regulating the nation's largest student-loan servicing firms, which...
  • 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...
  • L.A. sues Wells Fargo and Citigroup, alleging predatory lending

    The city of Los Angeles accused banking giants Wells Fargo & Co. and Citigroup Inc. of a “continuous pattern and practice” of mortgage discrimination that led to a wave of foreclosures, reduced property tax revenue and increased costs for city...
  • Freddie Mac: Mortgage rates edge lower; 30-year fixed at 4.42%

    Freddie Mac: Mortgage rates edge lower; 30-year fixed at 4.42%
    Fixed mortgage rates edged lower this week, with Freddie Mac reporting that lenders were offering 30-year fixed home loans at an average of 4.42%, down from 4.46% a week earlier. The average offering rate for the 15-year fixed mortgage was 3.43%, down...
  • Mayor seeks to borrow up to $900 million more

    Mayor seeks to borrow  up to $900 million more
    In a move that will add to the city's mountain of debt, Mayor Rahm Emanuel won support Monday from the City Council's Finance Committee to issue up to $900 million in bonds backed by property taxes. It's the largest request put forth during Emanuel's...
  • Netflix to Raise $400 Mil in Additional Debt to Fund Original Content, Euro Expansion

    Netflix formally announced it is seeking to offer $400 million aggregate principal amount of 10-year senior notes due 2024 to institutional investors, coin it expects to use for acquiring original content and expanding into Europe. The Internet streaming...
  • Widower may be out of inheritance

    Dear Liz: My wife of 34 years died five years ago. Her father is 94. He has accumulated a large amount of wealth over the last 40 years. I always made a point of staying out of financial discussions between my father-in-law and his daughters. He told us...
  • 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...
  • Malloy Touts Connecticut's Bounce-Back

    Malloy Touts Connecticut's Bounce-Back
    "Connecticut is moving forward," Gov. Dannel P. Malloy repeated several times Thursday in his snow-delayed fourth State of the State speech to a joint session of the General Assembly. It was a cautiously optimistic and for the most part accurate...
  • Gansler supports commuter discount on ICC

    Gansler supports commuter discount on ICC
    Attorney General Douglas F. Gansler, running for the Democratic nomination for governor, proposed Friday that the state give commuters a break on the tolls on the Intercounty Connector in the Washington suburbs. Gansler's campaign issued a statement and...
  • 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...