The funds can help cover upfront home buying expenses, including down payments and closing costs. Eligible buyers can get a deferred loan up to $25,000. First-generation homebuyers can now apply for ...

Discover the risks and mechanisms of negatively amortizing loans, where payments may increase debt. Understand these loans to ...

It’s not uncommon for financial circumstances to change for student loan borrowers over the life of their loans. Whether it’s an unexpected illness, a job loss, or a pandemic, emergencies and ...

Sallie Mae is bringing back an option that lets students wait until after graduation to start repaying loans. The private student lender, formally known as SLM Corp., had done away with its signature ...

In a bipartisan move this week, U.S. Senator Marco Rubio (R-Fla.) introduced the Terrorism Survivors Student Loan Deferment Act. This piece of legislation would allow the survivors of terrorist ...

A legislative panel on Tuesday endorsed a request from Henderson State University to defer for a year its scheduled payment of $958,333.33 due Dec. 1 to the state toward repayment of a loan from the ...

First-generation homebuyers can now apply for down payment assistance through a new statewide program. The Michigan State Housing Development Authority (MSHDA) announced the launch of a pilot program ...

As the nation takes stock of its economic health, a troubling figure demands urgent attention. As of now, loans worth Nu 33 billion remain under deferment. Nearly 6,000 borrowers—ranging from large ...