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Loans

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Top Loans Articles

Displaying items 45-55
  • Student loan plan fails for second time in Senate

    Student loan plan fails for second time in Senate
    WASHINGTON – A proposal to extend lower interest rates for some federal student loans failed for the second time in the Senate on Wednesday, putting new pressure on Democrats to reach a compromise on the issue. A unanimous bloc of Republicans,...
  • 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...
  • 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,...