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To keep grads solvent, take the middleman out of student loans – Reuters Blogs (blog)

-------------------- To keep grads solvent, take the middleman out of student loans – Reuters Blogs (blog)

Reuters Blogs (blog)To keep grads solvent, take the middleman out of student loansReuters Blogs (blog)Millions of students use loans underwritten by the Treasury Department and granted by the Department of Education to help make college a reality. Once…

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Former bank president charged with illegally profiting from loans – Dothan Eagle

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Former bank president charged with illegally profiting from loansDothan EagleFederal authorities have arrested a former Coffee County bank president and charged him with multiple counts of receiving cash in exchange for loans and making false bank entr…

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Who’s Really to Blame for Slow Bank Loans? – Wall Street Journal

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Who's Really to Blame for Slow Bank Loans?Wall Street JournalBanks are notorious for their lengthy loan-application processes, which often take weeks to complete. Though the economy is in recovery mode, the recession made a huge impact on how banks…

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Who’s Really to Blame for Slow Bank Loans? – Wall Street Journal

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Who's Really to Blame for Slow Bank Loans?Wall Street JournalAsk any small-business owner to name his or her biggest gripe about obtaining a bank loan, and you will likely hear that it's the tortoise pace at which banks review and approve loan …

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De Blasio Hails $350 Million in Housing Loans Led by Citigroup – Bloomberg

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De Blasio Hails $350 Million in Housing Loans Led by CitigroupBloombergNew York Mayor Bill de Blasio announced $350 million in loans for affordable housing provided by banks led by Citigroup Inc. (C) as he forges closer ties to Wall Street, once one of…

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Bay Area company hit with $92 million penalty for predatory loans to military … – Sacramento Bee

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Bay Area company hit with $92 million penalty for predatory loans to military …Sacramento BeeIn a final federal slapdown, a Bay Area company accused of thousands of fraudulent consumer loans – primarily against military service members – was orde…

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How much did subprime loans fuel the GDP boom? – MarketWatch

-------------------- How much did subprime loans fuel the GDP boom? – MarketWatch

MarketWatchHow much did subprime loans fuel the GDP boom?MarketWatchSubprime loans make up about a third of new car-sales and two-thirds of used cars, according to data from Experian Automotive, at the end of last year. The New York Times, in a story a…

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BofA’s Countrywide Unit Is Ordered to Pay $1.3B for Defective Loans – Businessweek

-------------------- BofA’s Countrywide Unit Is Ordered to Pay $1.3B for Defective Loans – Businessweek

New York TimesBofA's Countrywide Unit Is Ordered to Pay $1.3B for Defective LoansBusinessweekBank of America Corp (BAC:US).'s Countrywide unit was ordered to pay $1.3 billion in penalties for defective mortgage loans sold to Fannie Mae and Fred…

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Congress Introduces Bill to Provide Tax Relief for Student Loan Borrowers – Accounting Today

-------------------- Congress Introduces Bill to Provide Tax Relief for Student Loan Borrowers – Accounting Today

Christian Science MonitorCongress Introduces Bill to Provide Tax Relief for Student Loan BorrowersAccounting TodayA pair of Democratic lawmakers have introduced a bill that would provide tax relief to student loan borrowers who have been granted debt r…

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Get to Know Private Student Loan Repayment Options, Restrictions – U.S. News & World Report (blog)

-------------------- Get to Know Private Student Loan Repayment Options, Restrictions – U.S. News & World Report (blog)

Christian Science MonitorGet to Know Private Student Loan Repayment Options, RestrictionsU.S. News & World Report (blog)Elizabeth Warren, D-Mass., introduced the Bank on Students Emergency Loan Refinancing Act, a bill that would have allowed borrowers …

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