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The way lenders need to submit payment information on certain student loans in order to calculate a borrower's monthly debt-to-income ratio is changing at Freddie Mac.
October 19 -
Fee income also surged as the San Francisco bank reached the $100 billion mark in wealth management assets.
October 13 -
A change in the formula that banks use to calculate borrowers’ debt-to-income ratios, announced by Fannie Mae in April, appears to be spurring more lending.
October 6 -
Tim Welsh has spent his first two months on the job thinking about how to make U.S. Bank as central to consumers’ lives as Amazon, develop new personal financial management services, and expand into new cities.
September 29 -
An overwhelming majority of millennials with student loan debt do not currently own a home, and are blaming student debt for delaying their ability to purchase.
September 19 -
From debunking down payment myths to making sense of interest rates, here's a look at five essential lessons lenders can teach to millennials preparing for homeownership.
September 12 -
Regulators reached a $183.5 million deal Thursday to get debt relief to 41,000 students of the bankrupt Corinthian Colleges.
August 17 -
Expenses also rose, as well as the provision for loan losses, but credit quality remained spotless at the lender to the wealthy.
July 14 -
Fannie Mae has made three selling guide changes aimed at helping the growing number of borrowers with student debt qualify for home loans, and may begin testing similar proposals related to this goal.
April 25 -
Record loan originations and the continued accumulation of wealth management assets added up to 12% earnings growth at the San Francisco bank.
April 13