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Entries by Shahien Nasiripour from 10/2013

Student Loan Servicing Beset By Problems Faces Calls For Overhaul

Posted 10.22.2013 | Politics

The consumer finance regulator has recommended broad reforms to the student loan industry and has raised concerns with federal oversight that has fail...

Federal Reserve Toughens Requirements For Biggest Banks

Posted 10.24.2013 | Politics

Five years ago, the nation’s largest financial institutions faced what amounted to a mass bank run that forced all of them to seek emergency cash an...

Sallie Mae Faces Additional Government Probes As Scrutiny Increases

Posted 10.28.2013 | Politics

Sallie Mae on Monday disclosed new federal probes targeting possible violations of consumer protection laws -- a sign that Washington is ramping up s...

House Approves Retirement Savings Measure That Delays Broker Rules

Posted 10.29.2013 | Politics

New federal rules meant to protect retirement savers from unscrupulous financial professionals would be delayed and weakened under a bill passed by th...

Education Department Books Student Loan Profit

Posted 10.30.2013 | Politics

The federal government booked tens of billions in profit off its student lending operation during the most recent fiscal year, according to new Treasu...