- Pro racecar driver Scott Tucker charged in payday loan scam Updated: Feb-10-16 3:28 pm
NEW YORK - Professional racecar driver Scott Tucker was arrested Wednesday on criminal charges accusing him of living the high life on the backs of millions of desperate people who used his payday lending operation to get quick cash over the Internet.
- Gov't creates new student aid enforcement office Updated: Feb-08-16 4:15 pm
WASHINGTON - The Obama administration is taking new steps to protect students amid increased scrutiny of for-profit colleges and other schools.
- New Hampshire borrowers to share in mortgage settlement Updated: Feb-08-16 10:54 am
CONCORD, New Hampshire - New Hampshire is part of a $470 million multi-state settlement with banking giant HSBC over mortgage lending and foreclosure abuses.
- HSBC reaches $470M deal with US, states over banking abuses Updated: Feb-05-16 6:10 pm
WASHINGTON - Banking giant HSBC has reached a $470 million settlement with the federal government and nearly all states over mortgage lending and foreclosure abuses that officials say helped intensify the country's economic meltdown, the Justice Department announced Friday.
- Average long-term US mortgage rate falls fifth straight week Updated: Feb-04-16 10:49 am
WASHINGTON - Average long-term U.S. mortgage rates fell for the fifth straight week amid volatility in world financial markets.
- Appeals court puts payday loan lawsuit back before judge Updated: Feb-03-16 4:15 am
RICHMOND, Virginia - A federal appeals court has put a Virginia man's lawsuit over a payday loan back before a judge.
- Opponents challenge plan to cap payday loan interest rates Updated: Jan-28-16 5:21 pm
PIERRE, South Dakota - Opponents of a ballot measure that would cap payday loan interest rates in South Dakota are challenging signatures turned in to get it on the 2016 ballot.
- Private business hopes for bigger role in Vietnam economy Updated: Jan-28-16 12:53 am
BAT TRANG, Vietnam - After a decade of uneven progress, foreign and local businesses hope the reshuffled leadership of Vietnam's ruling Communist Party will double down on modernizing an economy dominated by state companies.
- US new-home sales soar in December Updated: Jan-27-16 7:14 pm
WASHINGTON - Americans rushed to buy new homes in December at the strongest pace in 10 months, with 2015 marking the strongest year for this segment of the housing market since 2007.
- Debt collectors beware: Judge's ruling could change the game Updated: Jan-24-16 11:11 am
HAWTHORNE, New Jersey - Ever had a debt collector on your back for money you knew you didn't owe? Listen to the story of Steven Psaros and take heart.
- US home purchases rebound; 2015 had most sales in 9 years Updated: Jan-22-16 10:54 am
WASHINGTON - U.S. home sales rebounded in December after new regulations had delayed the completion of purchases in November. And total sales in 2015 were the most in nine years.
- Economists see more growth for US economy, housing in '16 Updated: Jan-19-16 5:31 pm
LAS VEGAS - A robust U.S. economy and job market, plus low mortgage rates, should help keep the recovery in the new-home market going at a modest pace this year, but a return to pre-housing boom sales and construction levels isn't imminent.
- Democrats talk agenda ahead of Scott Walker's State of State Updated: Jan-18-16 4:43 pm
MILWAUKEE - Democratic legislative leaders said Monday that they want to hear bold plans from Gov. Scott Walker on strengthening the middle class and improving the state's infrastructure during his upcoming State of the State address.
- State program would help college grads refinance debt Updated: Jan-15-16 10:32 am
WINONA, Minnesota - The state's Office of Higher Education has announced a new refinancing program to cut interest rates for Minnesotans who face large debt from student loans.
- Goldman Sachs to pay $5 billion in mortgage settlement Updated: Jan-14-16 7:15 pm
NEW YORK - Goldman Sachs said Thursday it will pay roughly $5 billion to settle federal and state probes of its role in the sale of shoddy mortgages in the years leading to the housing bubble and subsequent financial crisis.
- Former Texas judge found guilty of embezzlement Updated: Jan-14-16 2:33 pm
LAS CRUCES, New Mexico - A former El Paso County, Texas, judge has been found guilty of embezzlement in New Mexico.
- More employers try to help workers pay student loans Updated: Jan-13-16 5:10 pm
NEW YORK - Employers are discovering that making it easier for workers to pay off their student loans helps to attract and keep a happy workforce.