TheRepublic.com - Personal loans News

More wealthy Chinese buy Seattle-area real estate

Sun, 19 May 2013 15:51:43 -0400

HUNTS POINT, Washington - Real estate agent Joseph Ho climbed the gilded staircase of a Hunts Point mansion listed for almost $5?million, shooting video on his iPad and narrating in Chinese.

ND hospitals need help in screening for bad debt

Sun, 19 May 2013 14:20:28 -0400

FARGO, North Dakota - Medical centers in western North Dakota's booming oil patch will get some help in diagnosing which patients seeking nonemergency services are bad debt risks.

NY Sen. Gillibrand to take on student loans

Sun, 19 May 2013 07:53:12 -0400

NEW YORK - U.S. Sen. Kirsten Gillibrand is proposing new legislation to ease the burden for students who have borrowed to pay for their education.

RI's Cicilline pushing 3 bills on student loans

Sat, 18 May 2013 17:46:16 -0400

PAWTUCKET, Rhode Island - Rhode Island U.S. Rep. David Cicilline is co-sponsoring three bills designed to maintain low interest rates on student loans, hoping to prevent young people from ending up with excessive debt.

US rate on 30-year mortgage rises to 3.51 pct.

Thu, 16 May 2013 17:41:17 -0400

WASHINGTON - Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing.

House advances student loan fix

Thu, 16 May 2013 15:58:24 -0400

WASHINGTON - The days of fixed-rate student loans could be coming to a close, with House Republicans on Thursday advancing a proposal that would link rates to financial markets.

2 St. Louis officials accused of stealing $465,000

Thu, 16 May 2013 14:29:08 -0400

ST. LOUIS - Two top St. Louis parks officials have been charged with stealing nearly half a million dollars from the city since 2005, leading the bewildered mayor to question how the alleged graft could go on for so long without being noticed.

Schumer: Block hike in Stafford student loan rate

Thu, 16 May 2013 03:08:01 -0400

ALBANY, New York - Sen. Charles Schumer says he's backing legislation to head off a doubling of a student loan interest rate set to take effect on July 1.

RI treasurer to lawmakers: Cap payday loan rates

Wed, 15 May 2013 19:38:20 -0400

PROVIDENCE, Rhode Island - Payday loan opponents including Treasurer Gina Raimondo urged Rhode Island lawmakers on Wednesday to limit interest rates on short-term loans - a proposal that payday lenders say could put them out of business.

Obama's assets worth between $1.8M and $6.8M

Wed, 15 May 2013 19:27:18 -0400

WASHINGTON - President Barack Obama and first lady Michelle Obama held assets last year that were worth between $1.8 million and nearly $7 million, according to federal financial disclosure forms the White House released Wednesday.

Report: 3 NJ colleges improperly awarded loans

Sun, 12 May 2013 14:59:54 -0400

NEW BRUNSWICK, New Jersey - After an office manager for New Jersey City University admitted embezzling $486,000 in student funds three years ago, the U.S. Department of Education began auditing the use of all federal money by the state college.

Father and son arrested at LAX on fraud charges

Fri, 10 May 2013 22:52:06 -0400

LOS ANGELES - Authorities have arrested a father and son who are wanted for fraud just as they were about to board a plane from Los Angeles to Moscow.

Fla. court OKs using non-judges on foreclosures

Thu, 09 May 2013 18:24:06 -0400

TALLAHASSEE, Florida - With tens of thousands of foreclosure cases clogged in the state's courts, the Florida Supreme Court is signing off on a plan to use lawyers - and not judges - to handle them.

Record profit signals healthier Fannie Mae

Thu, 09 May 2013 16:26:53 -0400

WASHINGTON - Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the January-March quarter.

Nevada foreclosure rate led nation in April

Thu, 09 May 2013 13:21:41 -0400

LAS VEGAS - After briefly falling from its long-held place as the nation's foreclosure king, Nevada chalked up the highest foreclosure rate in the country for the second straight month in April, a tracking firm said Thursday.

Fed says mistakes made in mortgage settlement

Wed, 08 May 2013 19:28:35 -0400

WASHINGTON - Some 96,000 borrowers who received checks to compensate them for wrongful foreclosures on their mortgages will be getting an additional check to correct for errors in the initial payment, the Federal Reserve announced Wednesday.

6 tips to manage student loan debt

Wed, 08 May 2013 18:38:51 -0400

Finding a job in a slow-growing economy is daunting enough without new financial obligations.

Ferguson key in Man U's financial transformation

Wed, 08 May 2013 13:55:51 -0400

LONDON - Manchester United and Sir Alex Ferguson. Apple and Steve Jobs. Will one of the world's most recognized soccer clubs face the same challenges the world's technology darling did after the departure of its iconic leader?

Warren bill would ease student loan interest rates

Wed, 08 May 2013 12:56:39 -0400

BOSTON - U.S. Sen. Elizabeth Warren is calling on Congress to stop student loan interest rates from doubling this summer.

Late-payment rate on mortgages tumbled in 1Q

Wed, 08 May 2013 00:05:23 -0400

LOS ANGELES - A resurgent housing market, rising home values and steady job gains are helping more U.S. homeowners stay on top of their mortgage payments.

NY officials vow attack on predatory debt-fixing

Tue, 07 May 2013 19:49:09 -0400

NEW YORK - Federal authorities announced a crackdown Tuesday on predatory businesses that cheat "desperate and vulnerable" people harmed by the 2008 financial crisis with phony promises to consolidate their debt.

US consumers cut back on credit card use in March

Tue, 07 May 2013 16:22:09 -0400

WASHINGTON - Americans cut back on using their credit cards in March, suggesting many were reluctant to take on high-interest debt to make purchases.

Grants offered for veterans going into foreclosure

Tue, 07 May 2013 13:40:07 -0400

LANSING, Michigan - Michigan's Attorney General and head of a new state agency for veterans said Tuesday that $5 million in grants will be available to help military service members and veterans struggling to keep their homes as a result of the mortgage foreclosure crisis.

NY AG: 2 banks violated mortgage accord

Mon, 06 May 2013 16:09:52 -0400

ALBANY, New York - New York's attorney general on Monday accused Wells Fargo and Bank of America of violating the terms of last year's national mortgage settlement by failing to process hundreds of refinancing requests promptly.

Bills limiting payday loans dead in Legislature

Mon, 06 May 2013 05:35:23 -0400

MONTGOMERY, Alabama - Efforts by some legislators to put new restrictions on payday loans and title loans are dead for the 2013 session of the Alabama Legislature.