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What’s New In the final days of his administration, President Joe Biden is pushing to approve new rules that would forgive student debt for 31 million more borrowers. Why It Matters While federal courts ruled against Biden’s sweeping student debt forgiveness plans the first time, the president is again looking to implement another broad-based student … Read more

Granite Point Mortgage Trust (NYSE: GPMT) has declared a quarterly cash dividend of $0.05 per common share and $0.4375 per Series A Preferred Stock share for Q4 2024, both payable on January 15, 2025. The company has resolved $146 million in nonaccrual loans and has an additional $135 million in … Read more

The programs, which were closed to most new enrollments over the summer, are open this month and remain so through July 1, 2027. GOP-led states block Biden’s latest student debt relief plan Touted the most affordable student loan repayment plan ever, the SAVE plan would have provided debt relief to over 30 million Americans. The … Read more

SBA Administrator-designee Kelly Loeffler, left, will take over an agency that appears to be showing signs of credit quality issues if confirmed by the Senate. Loeffler met with Iowa Republican Senator Joni Ernst Wednesday. While the Small Business Administration’s biggest lending program is experiencing strong growth and could equal its record annual funding total in … Read more

Henry Yandrasits thought he did everything right to make the biggest purchase of his life. A master’s degree from Gallaudet University led to a successful career as a sign language interpreter. He has excellent credit, he said, and no credit card debt. And though he took out hefty federal loans to finance his education, he … Read more

MrBeast’s ambitious reality show, which the YouTube megastar hopes will expand his giant online reach and turn the corner on recent controversies, is already raising questions from consumer advocates over a partnership with a fintech company. Prime Video’s Thursday premiere of the record-setting Beast Games capped off a tumultuous year for Jimmy Donaldson and his production … Read more

Why Trust Us Investopedia researchers collected thousands of data points from dozens of lenders (including 20 credit unions) to evaluate the factors most important for borrowers. We used this information to rank each lender based on APRs and fees, loan amounts, repayment terms, customer experience, and other factors. We developed this process to support Investopedia’s … Read more

Unless you can float the entire cost from your savings, you’ll likely need some financing to afford a boat. While personal loans can technically be used to finance almost anything — including a boat purchase — some lenders specialize in financing boat purchases. Below, CNBC Select rounded up some of the best boat loan lenders … Read more

Chair Elizabeth Warren, D-Mass., conducts the Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth hearing titled Promoting Competition, Growth, and Privacy Protection in the Technology Sector, in Dirksen Building on Tuesday, December 7, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images A “faulty” transfer of student loan accounts from NelNet to Mohela … Read more

Determining which home equity borrowing option is right for you is a crucial component of tapping into your home’s equity in the new year. Getty Images/iStockphoto Borrowing from your home equity can be a wise way to improve your financial health, especially in today’s economy. For example, you can tap into home equity to fund … Read more