WASHINGTON − Democratic senators want more answers from Supreme Court Justice Clarence Thomas about a $267,000 loan he received in 1999 to purchase a high-end motorhome. Sens. Ron Wyden of Oregon and Sheldon Whitehouse of Rhode Island wrote in a letter to Thomas’ attorney Wednesday that the justice has evaded answering whether he’s repaid any
This article is copublished withThe Markup, a nonprofit, investigative newsroom that challenges technology to serve the public good. When someone applies for a mortgage, they trust a home loan lender or mortgage broker with some of the most sensitive information they have: information about their credit, their home, and the personal details of their lives.
Two months ago, Jacksonville ranked in personal finance company WalletHub’s top 10 U.S. cities where residents are the most financially stressed. Just last week, Florida ranked in Forbes Advisor’s top 10 states where it’s most difficult for residents to save money and the Miami metro area ranked in the top five metro areas where it’s
Recent economic data has shown remarkable resilience to higher interest rates placed upon us by the Federal Reserve. Traditional economic theory would say the Fed rate is restrictive, but strong jobs reports and higher inflation says otherwise. These factors have crushed market expectations of interest rates dropping this spring. Some within the Fed have even
Christine Hensley is chair of the Iowa Student Loan Liquidity Corp. board. Steven McCullough is CEO of Iowa Student Loan Liquidity Corp. Editor’s note: The April 21 Register editorial “Student borrowers shouldn’t be asked to sign away their rights” noted court filings within the preceding month when Iowa Student Loan had filed previously signed confessions
The top Biden official overseeing federal college financial aid has resigned, the Education Department said Friday, capping off a year of turmoil for students and universities. Richard Cordray, the chief operating officer for Federal Student Aid, will step down at the end of June, officials said. The former head of the Consumer Financial Protection Bureau,
MARLBORO – Patricia Kelly signed up for affordable housing 2½ years ago, hoping to buy a place of her own where she and her disabled daughter, Jessica, could live with security, steady payments and, finally, their own bedrooms. Last fall, a two-bedroom townhouse came onto the market. Its walls were black. It smelled of cigarette
After the program received robust interest at the start of the year, the Missouri Senate unanimously passed an expansion of MOBUCK$, a state-sponsored low-interest loan program serving small business, agriculture and governmental clients. The legislation, House Bill 1803 sponsored by Rep. Terry Thompson, now sits on Gov. Mike Parson’s desk, awaiting his final decision regarding
BARNSTABLE — The Small Business Administration played matchmaker Wednesday at the high school where local lenders were on hand to talk with small-business owners about how they might tap into capital to start, grow, or expand. The event drew nine lenders and 15 organizations that could provide resources to help small businesses get loans. About
My husband and I both work full time. We like our jobs, but we work hard. Our reward? Sending thousands of dollars to the federal government each year. Much like millions of other Americans on Tax Day, we had to write a large check and send it off to the Internal Revenue Service. It’s always painful