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High School Seniors Face Tough Decisions As They Weigh, Decipher Financial Aid Awards
The Hartford CourantFor many high school seniors, April is indeed the cruelest month. The euphoria over the acceptance letters they received last month or earlier often gives way in April when they get their financial aid offer — an array of grants and loans that can...Tags: Schools, U.S. Consumer Financial Protection Bureau, West Hartford, Economy, Business and Finance, Colleges and Universities
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Did we learn anything from the subprime loan crisis?
A dangerous confluence of recent business stories have been attention grabbers. First, the Obama administration announced an initiative to ensure more home loans for those with weak credit. Then, a number of prominent economists issued forecasts...
Tags: Racism, Justice and Rights, Federal Reserve, U.S. Congress, Crime, Law and Justice
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South Florida debt drops, especially credit card balances
South Floridians are managing to reduce nearly all types of debt, according to a new survey by the consumer website CreditKarma.com. Credit card balances are shrinking and even student loan balances — which had been steadily going up — are now...Tags: Personal Finance, Passenger Cars, Credit and Debt
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Bank board not informed of overdue commercial loans, witness says
An FBI forensic accountant testified in federal court Thursday that millions of dollars in past-due commercial loans weren't properly disclosed to the Bank of the Commonwealth's board of directors, The Virginian-Pilot reported. Five bank executives...Tags: FBI
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Student debt could hamper future economic growth, study says
Looming student debt could hamper future economic growth as young people tamp down on spending and borrowing in the years to come. Compared with counterparts not saddled with student loans, these young workers are less likely to take out mortgages or...
Tags: Employees, Housing Industry, Career and Workplace, Federal Reserve, Productivity
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Lawmakers protect payday lenders, not their customers
A bill to limit payday lending that The Times' editorial board championed Monday died in a state Senate committee Wednesday, after several lawmakers said they feared the bill would cut off hard-pressed consumers from a ready source of cash. To which I...
Tags: Personal Income, Politics, Economy, Business and Finance, Crime, Law and Justice, Pension and Welfare
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Freddie Mac: Mortgage rates ease again; 30-year fixed at 3.41%
Mortgage rates sank this week toward record lows, with lenders offering 30-year fixed home loans to solid borrowers at an average 3.41%, down from 3.43% a week ago, Freddie Mac’s weekly report showed. It was the lowest rate the survey has recorded...
Tags: Financial and Business Services, Consumer Confidence, Economy, Business and Finance, Finance, Petroleum Industry
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Deeds for April 28, 2013
BOYLE Deeds filed recently in the office of Boyle County Clerk Trille Bottom include: Karen A. and Walter Stauffer Jr. to Mary M. Whitehead, property on Grafton Street, $37,000. Thomas Hardison to Regina D. and Ralph Bays Jr., property on...Tags: Transportation, Federal National Mortgage Association, Sears, Ridge, Road Transportation
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BofA Profit Misses Estimates As Revenue Falls
Bank of America Corp., parent of Connecticut's largest bank, reported a lower-than-expected first-quarter profit and its revenue fell, sending the No. 2 U.S. bank's shares down 3 percent before the bell on Wednesday. Net income quadrupled to $2.62...Tags: Thomson Corporation, Countrywide Financial Corp., Economy, Business and Finance, Federal Reserve, Buyback
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Entering homeownership with eyes wide open
Sitting down in front of a pile of mortgage loan documents to sign at the closing, with a lending officer and maybe a real estate agent at your side, what do you look at first? The eye typically latches on to the simplest things to read, namely the...Tags: DePaul University, U.S. Consumer Financial Protection Bureau, Research, Economy, Business and Finance, Crime, Law and Justice
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State's budget fakery takes a toll on charter schools
The CHIME Institute charter school of Woodland Hills would be hard pressed to make ends meet without the help of a program sponsored by the Local Initiatives Support Corp., a New York nonprofit active in underprivileged communities across the nation. So...Tags: Personal Income, Economy, Business and Finance, Financial Markets, California State University, Northridge, Teaching and Learning
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Synagro Technologies' bankruptcy will bring jobs to Baltimore
A Wednesday bankruptcy filing by Synagro Technologies Inc. means growth and new jobs for the Baltimore area as the waste recycler consolidates its headquarters in White Marsh. The Carlyle Group LP-owned company, which had been co-headquartered in...
Tags: New York City, Economy, Business and Finance, Evercore Partners, Financially Distressed Companies, The Carlyle Group
Apr 21, 2013
|Story| Hartford Courant
Apr 21, 2013
|Column| Baltimore Sun
Apr 19, 2013
|Story| South Florida Sun-Sentinel
Apr 19, 2013
|Story| Daily Press
Apr 18, 2013
|Story| Los Angeles Times
Apr 18, 2013
|Story| Los Angeles Times
Apr 18, 2013
|Story| Los Angeles Times
Apr 26, 2013
|Story| AM News
Apr 17, 2013
|Story| Hartford Courant
Apr 26, 2013
|Column| Chicago Tribune
Apr 16, 2013
|Column| Los Angeles Times
Apr 24, 2013
|Story| Baltimore Sun
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