Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
December 01, 2007
Catching up with... Adrian NazariThe last time Adrian Nazari's name appeared here, it was January 2004, when we reported that LPL Financial was rolling out Nazari's MoneyFind liability management...
November 16, 2007
House Passes Mortgage Reform BillThe House Financial Services Committee passed November 15 its somewhat controversial Mortgage Reform and Anti-Predatory Lending Act of 2007 (H.R. 3915), which seeks to combat predatory lending practices.
October 23, 2007
Predatory Lenders Targeted by New LegislationIn response to financial market disarray and dire straits for many homeowners caused by the structured mortgage securitization frenzy of the past several years, three Congressional Representatives have introduced legislation which would protect borrowers from predatory mortgage lending practices, and reform the mortgage origination and securitization process.
September 06, 2007
The Seattle Seahawks and Symetra Financial Team Up to Honor Seattle Public School TeachersThe 2007-2008 Symetra Heroes in the Classroom program kicked off the week of September 2, with the Seattle Seahawks and Symetra Financial honoring Seattle Public School teachers for educational excellence. Symetra Heroes in the Classroom recognizes
August 17, 2007
House Tells Senate to Raise GSE Loan LimitHouse Financial Services Committee Chairman Barney Frank (D-Massachusetts) and Rep. Gary Miller (R-California) urged the U.S. Senate August 17 to raise the conforming loan limit beyond the House passed reform bill for the Government Sponsored Enterprises (GSE) of Fannie Mae and Freddie Mac.
August 16, 2007
Moody's Lowers Countrywide Debt RatingTwo days after the largest provider of home mortgages in the U.S., Countrywide Financial, announced that a full 1% of its home loans were in foreclosure, the company got more bad news on August 16 from a ratings agency. Moody's Investors Service downgraded the senior debt ratings of Countrywide Financial...
July 23, 2007
Covering College CostsOn July 18, by a vote of 273-149, the U.S. House of Representatives passed legislation for an $18 billion college aid package, which its sponsors say will help millions of students and their families pay for college at no added cost to taxpayers. Those sponsors claim that the legislation will...
July 01, 2007
Petersen International Underwriters Releases New Rider for Bank Loan Indemnification Disability PlansPetersen International Underwriters, Valencia, Calif., has announced the release of its new Prime Flex Loan Adjustment Rider for its series of Bank Loan Indemnification disability plans. This optional rider attaches to the Loan
July 01, 2007
Guiding New GradsGood news! Employers intend to hire 19.2% more new college graduates in 2007 than they did last year, according to a recent poll by the...
June 24, 2007
House Panel Approves Bill Boosting College AidA committee in the House of Representatives has approved legislation aimed at helping families pay for their children's college education while cutting federal subsidies to ...