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Posts by mediaops

$5 billion in student loans may be dismissed because the lender lost the paperwork

By on Sep 8, 2017 in Blog | 0 comments

Billions of dollars in student loans may be wiped out for tens of thousands of borrowers in the US because a lender didn’t keep track of the paperwork verifying ownership of the loans, according to The New York Times. The National Collegiate Student Loan Trusts, which holds 800,000 private loans and is one of the country’s largest owners of private...

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New Rule Makes It Easier to Get a Mortgage With Student Loan Debt

By on Sep 7, 2017 in Blog | 0 comments

For millions of Americans drowning in student loan debt, the prospect of getting a mortgage might seem out of reach. Last week, Fannie Mae changed underwriting rules that could make it much easier for people with student loan debt to qualify for a mortgage. Here are the details. Who Does This Impact?  The new rule impacts people with federal student loan debt who...

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Next Recession Coming?

Next Recession Coming?

By on Aug 18, 2017 in Blog | 0 comments

It’s an unhappy fact of life: Sooner or later, the economy’s going to take another dive. Sorry, but another recession is bound to happen in the next few years. And when it does, your future self is going to thank you for thinking ahead and getting ready for it. Oh, wait, you haven’t done that? You’re totally unprepared for the next recession? Well, don’t feel...

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Why do we think poor people are poor because of their own bad choices?

Why do we think poor people are poor because of their own bad choices?

By on Aug 9, 2017 in Bankruptcy News | 0 comments

If an unexpected medical emergency bankrupts you, you view yourself as a victim of bad fortune while seeing other bankruptcy court clients as spendthrifts. Why? Outclassed: The Secret Life of Inequality is our new column about class. Read all articles here Cecilia Mo thought she knew all about growing up poor when she began teaching at Thomas Jefferson senior high...

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