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Student Loan Hearing: New York Attorney General Cuomo

By Loan Union

The House Education and Labor Committee holds an investigative hearing into student loan practices with New York Attorney General Cuomo, who has been leading the effort to crack down on what he views as “predatory lending.” Here Cuomo gives his opening remarks explaining how abuse in student lending occurs.Photos Union »

First Marblehead shares up on loan guarantor plan – Forbes

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First Marblehead shares up on loan guarantor plan Forbes TERI, which calls itself the largest not-for-profit guarantor of US private education loans , filed for Chapter 11 bankruptcy protection in April. ... and more »

Bank of Kentucky sees profit drop for 2Q – Bizjournals.com

By Loan Union

Gulf Times Bank of Kentucky sees profit drop for 2Q Bizjournals.com Provision for loan losses helped send the Bank of Kentucky Financial Corp.'s second-quarter earnings down by 43 percent, the company said Thursday afternoon ... US Bancorp CEO Davis: Expects Slower Rise In Delinquent Loans CNNMoney.com Virginia Commerce Slips To Loss In Q2... »

S&P may cut private student loan SLM, Nelnet ratings – Reuters

By Loan Union

RTT News S&P may cut private student loan SLM, Nelnet ratings Reuters It cited a recent vote by the US House of Representatives Education Committee to pass a bill that would eliminate the origination of federal student loans ... »

Group: Preserve Private Role In Student Loan Mkt – Wall Street Journal

By Loan Union

Group: Preserve Private Role In Student Loan Mkt Wall Street Journal (SLM) and a subsidiary of Citigroup Inc. (C) released a plan Tuesday that seeks to retain a significant role for private lenders in the student loan market. ... 32 Student- Loan Groups Come Together to Propose Alternative to ... »

New program may help you repay federal student loans – Dallas Morning News

By Loan Union

KPIC New program may help you repay federal student loans Dallas Morning News Consumers struggling with federal student loans have a new option open to them in the form of an income-based ... Former students like new rules on paying off loans Marietta Times A Boost for Those Burdened by Student Loan Debt... »

A Boost for Those Burdened by Student Loan Debt – Washington Post

By Loan Union

Credit.com News A Boost for Those Burdened by Student Loan Debt Washington Post BALTIMORE Americans invest heavily in the future of the nation by providing loans to help put students through college. ... Low loan rates give college students a break Chicago Sun-Times Rules to ease student loan repayments take effect CNN Federal... »

Sun American Bancorp seeks loan waiver after default – Bizjournals.com

By Loan Union

Sun American Bancorp seeks loan waiver after default Bizjournals.com Boca Raton-based Sun American Bancorp has asked federal regulators for a loan waiver and warned that its financial condition could be adversely affected if ... and more »

Some Relief On Student Loans – Washington Post

By Loan Union

Credit.com News Some Relief On Student Loans Washington Post Starting this week, anyone with a federal student loan can apply for a new Education Department program, which caps monthly payments based on income and ... Good News for Those with Student Loans WiredPRNews.com (press release) Relief repaying student loans St. Augustine Record Program... »

Changes to SBA Loans Provides Help to Small Businesses – Boston Globe

By Loan Union

The Winchester Star Changes to SBA Loans Provides Help to Small Businesses Boston Globe, »

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