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Loans

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Top Loans Articles

Displaying items 67-77
  • Durbin touts student loan proposal in Naperville

    Durbin touts student loan proposal in Naperville
    Sen. Dick Durbin spoke Friday with students and graduates of North Central College in Naperville as part of his push for legislation that would expand options for repaying student loans and raise the tax rate on millionaires. "I think this is a big...
  • L.A. registry criticized over run-down foreclosures

     L.A. registry criticized over run-down foreclosures
    The teal blue house on E. 111th Street was surrounded by trash, its parking pad piled with everything from egg cartons to a busted couch. Most of its windows were broken. The door sat ajar. Inside, chicken bones and cans of Mothers Maid carrots and...
  • 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...
  • Consumer agency warns of student loan defaults if co-signer dies

    Consumer agency warns of student loan defaults if co-signer dies
    A new report released Tuesday by the Consumer Financial Protection Bureau is warning borrowers of a catch that is pushing private student loans into default even if the loan is in good standing.   The federal consumer agency said that borrowers complain...
  • Former Fort Lauderdale executive pleads guilty in million dollar bank fraud

    The former owner of a Fort Lauderdale-based consulting company has pleaded guilty to bank fraud, U.S. Attorney Wifredo Ferrer announced. Henry Fecker III, 60, formerly of Ft. Lauderdale, was the owner of Camden Consulting, Inc., a shell company used...
  • Durbin pushes refinancing plan for student loans

    Durbin pushes refinancing plan for student loans
    U.S. Senator Richard Durbin will appear at Loyola University this morning to tout a proposal to allow people with student loans to refinance them to a lower rate. Congress passed a law last year tying student loan rates to the financial markets and...
  • 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...
  • Mortgage rates defy forecasts

    As 2014 arrived, experts were confident that the 30-year mortgage rate would rise to at least 5% this year as the Federal Reserve cut back a bond-buying program, which had depressed the rates to unheard-of lows in 2013. So much for the experts. The...
  • Are you in danger of 'surprise' default on a student loan?

    Student loans are thought of as a young person's problem. In fact, they can be an intergenerational headache. By the time you have paid off your own loans for college or graduate school, you may be faced with the cost of your children's educations. Or you...
  • A new housing bubble?

    A new housing bubble?
    Even though the recent financial crisis is barely in the rearview mirror, risk is starting to build once again in both the U.S. mortgage and housing markets. Contrary to the prevailing view that only borrowers with pristine credit records can get a...
  • Freddie Mac: Mortgage rates at six-month low; 30-year averaging 4.2%

    Mortgage rates edged down a hair this week, hovering at the lowest level in six months, with Freddie Mac reporting that lenders were offering 30-year fixed home loans at an average of 4.2% compared to 4.21% a week earlier. The average rate for a 15-year...