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TOPIC | Consumer Credit and Debt
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Borrowing falls further
16 hr ago
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Career Spotlight Air Force gives chance to travelA desire to see the world inspired Fran Venezia, a native of rural Georgia, to become an aircraft mechanic. She found that enlisting in the Air...
State scholarships
Mon, Nov 2, 2009
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Here are examples of scholarships available to students attending Oklahoma colleges and universities. →The Oklahoma Tuition Scholarship Program awards scholarships to students who meet...
Terms about financial issues
Mon, Nov 2, 2009
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Here are terms from the Oklahoma Regents for Higher Education (www.okhighered.org) on financial issues: →Accrual date: The day interest charges on an education loan begin....
Timeline to college
Mon, Nov 2, 2009
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It’s never too early to start taking steps toward a college education. Students can use this comprehensive timeline to help make sure they’re accomplishing everything they need to on...
Tests, campus visits may prepare Oklahoma students for college
Tue, Nov 3, 2009
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NORMAN — Matt Hamilton has a long title at the University of Oklahoma: registrar and associate vice president for enrollment and student financial services. In other words, he’s in...
Man wants paid mortgage taken off books
Fri, Nov 6, 2009
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PHILADELPHIA — Ralph Zimmerman did something that most of us wish we could, but few of us manage: In 1996, Zimmerman paid off the mortgage on the Whitpain Township, Pa., house he bought in...
Controversial appraisal system may be ending
Fri, Nov 6, 2009
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WASHINGTON — Could the controversial appraisal system imposed nationwide by mortgage giants Fannie Mae and Freddie Mac in May — and now tied to lowball property valuations, busted home...
Home loan rates drop
Thu, Nov 5, 2009
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State Contest BeginsStillwater merchants will begin handing out tickets Saturday for the Jingle Bell Sweepstakes that has a grand prize of $10,000 along with four $1,000 prizes.
Fannie Mae offers new foreclosure substitute
Fri, Nov 6, 2009
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WASHINGTON — Can’t pay the mortgage? You still might be able to stay in your home. Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge of...
Business Briefs
Fri, Nov 6, 2009
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nation IMS Health is being sold NORWALK, Conn. — Health care data company IMS Health Inc. said Thursday it is being bought by investment funds TPG Capital and CPP Investment Board for $4...
Fed to hold rates at record lows
Thu, Nov 5, 2009
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WASHINGTON — The Federal Reserve pledged Wednesday to keep a key interest rate at a record low for an "extended period,” in a sign that the economy is growing but remains deeply...
Fed plans to debate how rates may rise
Mon, Nov 2, 2009
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WASHINGTON — Even with the Federal Reserve widely expected to leave interest rates at a record low this week to nurture the fragile recovery, fissures are growing among policymakers about...
Home buyer's dictionary
Tue, Nov 3, 2009
When you start shopping for a new home, you may encounter some words and terms with which you are unfamiliar. The following glossary will help you to be a better informed shopper. Adjustable Rate...
Mortgage basics
Tue, Nov 3, 2009
A mortgage is a long-term loan that uses real estate as collateral. A mortgage loan is commonly used for buying a home. Mortgage loans are usually fully amortizing, which means that the monthly...
Be persistent when amending mortgage
Fri, Oct 30, 2009
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PHILADELPHIA — Theodore Frimet of Croydon, Pa., describes himself as an "unemployed clerk trying to save his home.” After several months of working on his own with his lender to...
4 Ways to keep Santa in the black
Wed, Oct 28, 2009
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NEW YORK — For consumers grappling with job insecurity and limited credit, it will be especially important to keep holiday spending in hand this year. To avoid making bad choices or buying in a...
Helicopter school loan case e-mail becomes active
Wed, Oct 28, 2009
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LAS VEGAS (AP) — A lawyer says e-mails are arriving from former students who may benefit from a nearly $113 million class-action settlement stemming from their enrollment in a Nevada-based...
Oklahoma Capitol Briefs
Wed, Oct 28, 2009
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PILOTS GET DEBT RELIEF A multistate agreement with Student Loan Express includes partial loan forgiveness for more than 60 Oklahoma student pilots, Attorney General Drew Edmondson said Tuesday....
Credit promises may be empty
Sat, Oct 24, 2009
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WASHINGTON — With Americans’ credit scores plunging after record numbers of mortgage and credit card delinquencies, companies that promise quick fixes — eliminating negative...
Seniors warned about reverse mortgages
Sat, Oct 24, 2009
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HACKENSACK, N.J. — Senior citizens are being targeted by aggressive and exploitative marketing of reverse mortgages, according to the National Consumer Law Center. In a new report, the law...
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