| May 28, 2014
| 10:43 PM
State lawmakers Wednesday gave initial approval to proposals that would reduce penalties for selling crack cocaine, require medical marijuana dispensaries to get state licenses and allow people in the country illegally to get student loans for college....
| May 29, 2014
| 7:34 AM
Fixed mortgage rates declined for the fifth straight week, with Freddie Mac reporting that lenders were offering 30-year home loans at an average of 4.12%, down from 4.14% a week earlier.
The average offering rate for a 15-year fixed loan fell to 3.21%...
| May 5, 2014
| 1:37 PM
With the Arctic chill of the polar vortex back where it belongs and mortgage rates still near historic lows, the spring home-buying season has finally arrived.
True or false:
>> In the post-financial crisis, I can't get a mortgage with a credit...
| May 29, 2014
| 8:30 PM
Perhaps the most dynamic part of the race for an entertainment-heavy California congressional district is the cast of competitors: They include a spiritual teacher and author, a radio talk host, an Iraqi war veteran and criminal gang prosecutor, a...
| May 4, 2014
Student loans: In a Money Talk advice column in the April 27 Business section, financial expert Mark Kantrowitz was incorrectly quoted as saying the repayment year of a questioner's student loans was 2014. The correct repayment year is 2024
| May 5, 2014
| 8:30 AM
It doesn't always pay for young borrowers to add parents, grandparents or other relatives as co-signers to get a lower interest rate on a student loan from a bank.
In some cases, when the co-signer dies or falls into bankruptcy, the action may trigger an...
| Feb 26, 2014
| 11:29 AM
[Updated 1:45 p.m. PST Feb. 26: This post has been updated to include a response from ITT Educational Services and to reflect the closing stock price.]
In its first action against a company in the for-profit college industry, the federal Consumer...
| Apr 25, 2014
| 6:10 AM
The mortgage industry's output of new loans is at the lowest point in 14 years, according to estimates from a trade publication.
Inside Mortgage Finance said Thursday that even in the depths of the financial crisis, mortgage lenders were busier than...
| Apr 19, 2014
| 6:33 PM
Sarah Luna wants to buy a home in up-and-coming northeast Los Angeles before it's too late.
At 31, she has a master's degree and earns more than $70,000 as a court reporter and freelance editor. She daydreams about trading the Glendale apartment she...
| Apr 23, 2014
| 6:47 PM
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...
| Feb 10, 2014
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...