Up to 5 million Americans struggling to make their monthly student loan payments could find relief under a program President Barack Obama expanded Monday, part of an election-year push by Democrats to paint Republicans as blocking common-sense steps that could help the middle class.
Millions of homeowners who took out Home Equity Lines of Credit during the housing boom are facing a looming deadline that could mean much larger monthly payments.
Even during challenging times, a small business with a sound strategy can obtain a loan.
The mayor of a financially struggling East Bay city and several supporters showed up unannounced Thursday at Wells Fargo Bank’s headquarters to demand it drop a lawsuit fighting a novel plan to refinance hundreds of “underwater” mortgages.
The city is the first in the country to take the step of threatening eminent domain to handle underwater mortgages.
AC Transit foreclosed on the home in July, six months after former GM Rick Fernandez stopped making his loan payments.
Wells Fargo has reported higher earnings for the second quarter thanks to a pickup in lending and a decline in the amount of bad loans.
When you buy a car, you think it’s yours to keep. But a certain form of financing may lead to a call from the dealer asking for a higher payment or to bring the car back.
The clock is ticking for students who have taken out subsidized federal loans for college as an interest rate reduction is set to expire.
Wells Fargo said its first-quarter profit jumped 13 percent on strong mortgage lending and a drop in delinquent loans.