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  • America's largest student loan company sued for misallocating student loan payments
    Business
    CNBC2 hours ago

    America's largest student loan company sued for misallocating student loan payments

    If you're aiming to zero out your student loans ahead of schedule, pay attention to how your loan servicer handles those extra payments. The Consumer Financial Protection Bureau announced Wednesday it is suing federal and private student loan servicer Navient, saying the company has been "systematically and illegally failing borrowers at every stage of repayment." Attorneys general for Illinois and Washington state, who had teamed up with the bureau on the multi-year investigation, filed their own suits against Navient Wednesday. Among the CFPB's charges, Navient — formerly part of Sallie Mae — allegedly steered struggling borrowers into forbearance when they might have qualified for income-driven repayment plans, and did not adequately keep borrowers in income-driven plans informed of critical deadlines to maintain their eligibility.

  • Foreclosed mall once valued at $190M is auctioned for $100
    News
    Associated Press17 hours ago

    Foreclosed mall once valued at $190M is auctioned for $100

    A Pennsylvania mall that was foreclosed on after its owners failed to repay $143 million has been auctioned off for $100. Wells Fargo Bank was owed the money from a 2006 loan and submitted the winning bid for the 1.1 million-square-foot Galleria at Pittsburgh Mills on Wednesday.

  • Business
    Money Talks News9 hours ago

    20 Flexible Jobs That Pay Well and Are in Demand

    Does a job with lots of openings, an hourly rate of at least $20, high potential for growth and flexible work options sound too good to be true? It’s not. In fact, job search site FlexJobs highlights 20 such careers in its list of “High-Potential