There is a major problem with sending checks in the mail right now and it isn't letting up. Have you ever had a check that you sent in the mail and the person who was to receive it says that they never got it?
New Department of Education figures indicate the number of students struggling to pay back their loans is moderating. For-profit colleges continue to have the highest default rates but saw their numbers improve compared to last year.
A federal regulator is standing by its decision to bar Fannie Mae and Freddie Mac from reducing principal for borrowers at risk of foreclosure, resisting pressure from the Obama administration.