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Federal Student Loan Program
Student Loan

Newly Passed Law Makes Changes to Federal Student Loan Program. A couple weeks ago, a brand new law overhauled the federal lending program. Under the new law, the Education Department  provides all federal loans through college financial aid offices starting July 1. Until now, people had the ability to acquire government-backed loans from private lenders with the Federal Family Education Loan program, or FFEL.

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White House Expands FHA Housing Aid
Mortgage Rate

In an effort to keep the reeling housing market from sliding further off the map and possibly to another steep drop off, the Obama administration announced a $14 billion expansion of the Troubled Asset Relief Program aimed at reducing mortgage dept for under water barrowers.  The new plan will cap mortgage dept at 115% of a home’s value and allow for financing thru the Federal Housing Administration.

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Credit Card Holder Bill of Rights:
Credit Card Law

As the U.S. Economic climate continues to feel the effects of the credit crunch, congress has set forth new regulations for the Credit Card Industry and Credit Interest Rates overall. The new set of regulations is being...

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3 Main Types of Mortgages for Homebuyers:

In the world of securing a mortgage loan, barrowers have far less in terms of choice in the type of loan they get compared to even a few years ago. Why? Well...

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