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US Education Department investigates 8 universities implicated in scandal: report – it could impose penalties up to cutting off their access to federal student loans and grants. Letters were sent informing the presidents of Yale, Wake Forest University, the University of San Diego,
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Caliber Home Loans names Justin Lally to SVP, recapture and direct to consumer channel role – Nonbank mortgage lender Caliber Home Loans announced on Thursday it has named Justin Lally. She’s a graduate of the University of North Texas. Follow her on Twitter at @cbasileHW..
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K Mart Services – The K Mart Corporation said it plans to expand its financial services operations – offering certificates of deposit and money market accounts – to Texas on Monday. The retailer began the offerings,
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A way of monetizing poor people’: How private equity firms make money offering loans to cash-strapped Americans – have taken stakes in companies that offer loans to people who lack access to banks and traditional credit cards. Some private equity firms have bought up payday lenders. today, prominent brands in.