Oklahoma Makes Personal Finance Mandatory for High School Students

Oklahoma Makes Personal Finance Mandatory for High School Students

A law passed in 2007 and beginning in May will require teachers to certify students' working knowledge of banking, taxes, investing, loans and more.

5 Common Private Student Loan Complaints

Borrowers report not making enough to pay back their loans, among other issues.

Debit card dings draw complaints at LCC

Driven by student displeasure about high and unusual fees they are being charged, Lane Community College may drop or change its contract with Higher One, the company the college has paid for five years to disburse grants, scholarships and loans to st…

Mortgage applications slide at end of December

Demand for loans to buy homes and refinance mortgages slid in the final week of 2011, even as mortgage rates dipped, an industry group said on Wednesday.

Lower interest rates: So what?

Lower interest rates for mortgages, other loans could help consumers. But Fed’s move to lower interest rates hurts savers and may not buoy stocks.

Tuesday, June 28

TUESDAY, JUNE 28 COLLEGE FINANCIAL AID 101: Learn the basics of obtaining financial aid for your college education, including the FAFSA application, loans and scholarships. Registration required. 1 p.m. Free. Project for Pride in Living, 1925 Chicago A…

Fannie Mae silence on Taylor Bean led to US$3B fraud

Despite discovering 200 loans acquired from Taylor Bean were bogus, Fannie Mae officials never reported the fraud to law enforcement or anyone outside the company. It led to the ‘largest bank fraud schemes’ in U.S. history (1 day ago)

Wells Fargo’s income rises 51 per cent, but new mortgages fall as borrowing rates increase

NEW YORK, N.Y. – Wells Fargo’s income jumped 51 per cent in the first quarter as more people opened accounts with the bank and business customers took out more loans. Revenues fell as higher interest rates resulted in a sharp decline in new mortgages. …

E-Trade posts 1Q profit, shrinks loan portfolio

Online discount broker E-Trade Financial Corp. on Wednesday posted a first-quarter profit that beat Wall Street estimates as it set aside less money to cover bad loans. (1 hour ago)

A flaw in new rules for mortgages

Proposed rules on banks retaining risks for loans they make unfortunately gave the government-run housing finance agencies another competitive advantage. (1 day ago)