| Sep 16, 2014
| 6:07 PM
The U.S. Consumer Financial Protection Bureau sued Corinthian Colleges Inc. on Tuesday, alleging that the ailing Orange County for-profit college operator deceived tens of thousands of students through an "illegal predatory lending scheme."
| Aug 13, 2014
| 6:15 PM
After months of financial uncertainty and battles with regulators, Corinthian Colleges Inc. told investors Wednesday about the prospect of a criminal investigation by federal prosecutors.
The beleaguered Orange County for-profit college company said...
| Jul 10, 2014
| 11:29 AM
ACE Cash Express, a leading payday lender, has agreed to pay $10 million to settle federal allegations it used false threats of lawsuits and other illegal tactics to pressure customers with overdue loans to borrow more to pay them off.
| Jul 17, 2014
| 7:47 AM
Nearly two-thirds of voters think the stock market is rigged against them and a majority believe Wall Street and big banks hurt average Americans, according to poll results from a pro-regulation group.
The survey by Better Markets, a nonprofit...
| Jul 23, 2014
| 1:16 PM
Federal and state officials filed lawsuits accusing dozens of companies of ripping off struggling homeowners by falsely promising help in avoiding foreclosures or lowering mortgage payments while collecting millions of dollars in illegal upfront fees....
| Jul 17, 2014
| 7:31 AM
The cost of getting a mortgage has leveled off, with Freddie Mac saying lenders were offering 30-year fixed-rate home loans this week at an average interest rate of 4.12%. That rate is little changed from the average of 4.15% over the last 10 weeks.
| Sep 26, 2014
| 6:20 PM
College is a significant investment and how to pay for it can be a major source of concern for parents and students. However, there are ways to reduce the amount of debt you take on when preparing for higher education.
Outstanding student loan debt...
| Oct 7, 2014
| 8:31 PM
An unidentified lender rejected Ben S. Bernanke's request to refinance the loan on his Washington, D.C., house, but the former chairman of the Federal Reserve could easily have found a deal elsewhere had he looked around, mortgage experts said.
| Oct 9, 2014
| 11:22 AM
Remember this moment? Eric Garcetti (when he was L.A. City Council president) walked out to the lawn in front of City Hall and proclaimed to a sea of tent dwellers: “Stay as long as you need, we’re here to support you.”
It was three...
| Oct 26, 2014
| 8:28 PM
By most measures, the housing market should be roaring.
Prices are leveling off. Borrowing is cheap. Even the job market is recovering. And yet home sales are on pace to fall this year for the first time since 2010.
The torturous experience of home...
| Oct 10, 2014
| 2:12 PM
Ed Fine's recent rejection for a refinancing of his home loan wasn't exactly like former Federal Reserve Chairman Ben Bernanke's. But there are enough similarities to raise questions about current tight mortgage market standards and how lenders scrutinize...