To many experts, the U.S. economy is looking increasingly "K-shaped," with bifurcation between growth and wealth in its upper echelons as lower-income households continue on a downward path that could ...

Student loan advocates and borrower protection groups across the country have spent much of the last five months preparing for a series of big changes Congress laid out regarding the student loan ...

Last night at 2:17 AM, every child from Mrs. Gandy's class went missing.

Nov 12 (Reuters) - The share of subprime borrowers at least 60 days behind on their auto loans rose to 6.65% in October, the highest level on record, according to Fitch Ratings data going back to the ...

ABSTRACT: We propose a real option framework to value distressed properties and restructure their loans. Our approach reconciles the interests of borrowers and lenders through a constrained ...