Explore

TrendlineTrendline
UWM Expands Non-Warrantable Condo Financing Amidst FHFA Rule Changes

UWM Expands Non-Warrantable Condo Financing Amidst FHFA Rule Changes

UWM Expands Non-Warrantable Condo Financing Amidst FHFA Rule Changes
TrendlineTrendline
NFM Lending Expands Footprint with New Branch Opening in Northern New Jersey

NFM Lending Expands Footprint with New Branch Opening in Northern New Jersey

NFM Lending Expands Footprint with New Branch Opening in Northern New Jersey
TrendlineTrendline
U.S. Home Builder Sentiment Declines to 12-Month Low Amid Rising Mortgage Rates

U.S. Home Builder Sentiment Declines to 12-Month Low Amid Rising Mortgage Rates

U.S. Home Builder Sentiment Declines to 12-Month Low Amid Rising Mortgage Rates
TrendlineTrendline
Student Loan Debt Significantly Reduces 401(k) Balances, Especially for Workers in Their 40s

Student Loan Debt Significantly Reduces 401(k) Balances, Especially for Workers in Their 40s

Student Loan Debt Significantly Reduces 401(k) Balances, Especially for Workers in Their 40s
Rapid ReadRapid Read
Parents' Guide to Financial Aid: Navigating FAFSA and Student Loans for College

Parents' Guide to Financial Aid: Navigating FAFSA and Student Loans for College

Cedarville University has published a comprehensive guide for parents on navigating financial aid, FAFSA, and student loans for college. The guide addresses common misconceptions and provides practical advice for families planning to finance higher education. It highlights that 41% of families with college students, according to the Sallie Mae and Ipsos' How America Pays for College 2025 report, had not created a plan for paying for all years of college. Furthermore, 70% of families who borrowed had not discussed who would be responsible for repaying student loans. The guide emphasizes the importance of completing the Free Application for Federal Student Aid (FAFSA) early, as it opens in October each year for the following school year and determines eligibility for grants, scholarships, work-study, and federal loans. It also advises students not to accept all loan options offered and to research potential starting salaries in their chosen fields to make informed borrowing decisions.
Rapid ReadRapid Read
U.S. Education Department Data Reveals High Nonpayment Rates for Student Loans at 500 Colleges, Primarily For-Profit Institutions

U.S. Education Department Data Reveals High Nonpayment Rates for Student Loans at 500 Colleges, Primarily For-Profit Institutions

New data from the U.S. Education Department indicates that at 500 colleges and universities across the U.S., at least 40% of recent federal loan borrowers are not repaying their loans. This data covers approximately 17 million borrowers who entered repayment between January 2020 and May 2025. The vast majority of these institutions (424) are private, for-profit schools, with only 15 being public institutions. Many of these for-profit colleges, such as UEI College and Miller-Motte College, rely heavily on federal aid, with some receiving between 79% and 89% of their revenue from the U.S. government. The nonpayment rates at these schools are significantly higher than the average of around 15% seen at public and private non-profit institutions. Experts like Eileen Connor of the Project on Predatory Student Lending and Preston Cooper of the American Enterprise Institute raise concerns about the value these schools provide and their continued access to federal funding.
Nashville TennesseanNashville Tennessean
This Nashville ZIP code is one of the hottest for buyers in the US

This Nashville ZIP code is one of the hottest for buyers in the US

According to a recent analysis from Consumer Affairs, Nashville's ZIP code 37203 ranks among the top 15 buyer's markets in the U.S. for 2026.
Rapid ReadRapid Read
U.S. Education Department Data Reveals High Student Loan Nonpayment Rates at 500 Colleges

U.S. Education Department Data Reveals High Student Loan Nonpayment Rates at 500 Colleges

The U.S. Education Department has released new data indicating that at least 40% of recent students who borrowed federal loans from 500 colleges and universities are not repaying them. This data covers approximately 17 million borrowers who entered repayment between January 2020 and May 2025. Eileen Connor, head of the Project on Predatory Student Lending, described these numbers as "jaw-dropping." The majority of these institutions, 424 out of 500, are private, for-profit schools. Examples include Tulsa Welding School and Miller-Motte College, where over half of recent borrowers are not making payments. Many cosmetology and barbering schools also show high nonpayment rates, such as Legends Barber College, where 81% of its 100 borrowers are not repaying their loans. In contrast, public and private non-profit institutions had average nonpayment rates around 15%. The Education Department declined to comment directly on the story but referred to a previous statement from Undersecretary of Education Nicholas K...
TrendlineTrendline
JPMorgan Chase Pledges $750 Billion to Boost U.S. Housing Supply and Homeownership

JPMorgan Chase Pledges $750 Billion to Boost U.S. Housing Supply and Homeownership

JPMorgan Chase Pledges $750 Billion to Boost U.S. Housing Supply and Homeownership
Rapid ReadRapid Read
Social Security Income Qualifies for Mortgages, SSA Provides Benefit Verification Letters

Social Security Income Qualifies for Mortgages, SSA Provides Benefit Verification Letters

Social Security income can be used to qualify for a mortgage, and lenders are legally prohibited from discriminating against applicants based on public benefits. The Social Security Administration (SSA) facilitates this process by offering a Benefit Verification Letter, which can be generated quickly through a personal online account. This letter is specifically designed for loan applications, providing proof of current benefit amounts and active recipient status. While Social Security income can qualify for various loan types, including FHA and conventional loans, the documentation required can vary depending on whether the benefit is based on the applicant's own work record or someone else's. For survivor benefits or Supplemental Security Income, lenders typically require documentation proving the income will continue for at least three more years from the loan date.
TheStreetTheStreet
Zillow predicts major mortgage rate, housing market shift

Zillow predicts major mortgage rate, housing market shift

The real estate technology company forecasts a key change for homebuyers.
Rapid ReadRapid Read
HUD Sells 1,500 Reverse Mortgage Loans Totaling $454 Million as Heirs Fail to Resolve Debts

HUD Sells 1,500 Reverse Mortgage Loans Totaling $454 Million as Heirs Fail to Resolve Debts

The U.S. Department of Housing and Urban Development (HUD) has put approximately 1,500 reverse mortgage loans, with a total balance of about $454 million, up for sale. These loans belonged to borrowers who have died, and the homes are still occupied by individuals who are not borrowers. HUD stated that heirs have not come forward to resolve these loans within the allotted time. Instead of auctioning off the houses, HUD is selling the mortgage debts themselves to investors, who will then take over the loans and be responsible for their resolution. This action highlights a growing complication in the transfer of housing wealth, particularly when reverse mortgages are involved, as heirs often face a tight 30-day window to resolve the loan after the borrower's death.