News from Huffington Post:

Debtors with high interest rates on their federal student loans would refinance into cheaper loans under proposed legislation to be unveiled this week, in a move that would lower borrowers’ burdens and potentially hurt private lenders and investors.
The plan sponsored by Sen. Kirsten Gillibrand (D-N.Y.) would force the U.S. Secretary of Education [...]

News from STLtoday.com:

Rose Bess was falling behind on her mortgage payments after her marriage broke up in 2011.
“We had just separated, and I started sliding,” she said.
So, she was delighted to get a call from Bank of America, which was servicing her mortgage.
The bank suggested she apply for a mortgage modification — a lowered interest [...]

News from Marketplace.org:

Debt has a new face — it’s very young and very worried. One report out just this week estimates that the college class of 2013 will graduate owing an average of more than $ 35,000 in federal, state and private loans.
And a recent study from the Consumer Financial Protection Bureau says student [...]

News from Reuters:

Federal Reserve Bank of Dallas President Richard Fisher speaks about the concept of breaking up ‘too big to fail’ banks to a breakout group at the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, March 16, 2013.
Credit: Reuters/Jonathan Ernst

By Kristen Hays and Francesca Landini
HOUSTON/MILAN | Thu May 16, 2013 5:51pm EDT

HOUSTON/MILAN (Reuters) [...]

News from Los Angeles Times:

Mortgage rates rose this week, with a widely watched survey reporting that lenders were offering 30-year fixed-rate loans at an average of 3.51%, up from a near-record low of 3.35% two weeks ago.

The survey, released Thursday by mortgage financier Freddie Mac, show rates following U.S. Treasury bond yields higher on signs [...]

News from Forbes:
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News from Los Angeles Times:
SACRAMENTO — In the last century, Californians have said yes to every request for money to help veterans buy homes.

Since 2000, they have signed off on $ 1.4 billion in bonds for that purpose. But most of that money remains untapped.
In fact, the state’s home loan program for veterans, run [...]

News from Fox Business:

NEW YORK –  More than a dozen of the biggest U.S. banks have questioned a proposed accounting change meant to boost reserves for risky loans, saying the results would be vastly different from those of a similar rule being developed by global standard-setters.
A key reform arising out of the 2007-08 global financial [...]

News from Chicago Tribune:

Widely reported mortgage delinquency rates are being weighed down by older mortgages and loans long past due, and more recent mortgages are performing at pre-housing-bubble norms, according to an analysis of national lending data by TransUnion.
“Borrower credit quality is improving in general, but if you just look at mortgages, the ones originated [...]

News from Laredo Sun:

Free credit reports available once a year from all three reporting agencies
Monday, January 21, 2013By: Special to the Laredo Sun
LAREDO, Texas – Better Business Bureau wants to make sure consumers don’t hit any unexpected bumps in the road this year, and is reminding consumers to check their credit report annually.
The importance of [...]