Stacy Cowley

Banking groups and Texas business associations asked a federal court to abolish a new federal rule that would cap most late fees at $8.

Strategic Financial Solutions is accused of fraud in a lawsuit by federal and state prosecutors.

Borrowers with commercially held loans will now have until June 30 to take steps to make their loans eligible for elimination.

A nonprofit group is publicizing the relief program that Navient, a large lender, created for students who attended for-profit schools that misled them.

Most companies will be required to report government and court orders penalizing them for consumer protection violations.

The Education Department has not finished recalculating payments for millions of borrowers enrolled in SAVE, forcing loan servicers to put many loans into forbearance.

Millions of people are overdue on their federal loans or still have them paused — and court rulings keep upending collection efforts.

JPMorgan and Wells Fargo reported that overall deposits dropped. At Citi, losses piled up from credit.

The lawsuit accuses the automaker of tricking drivers into sharing detailed driving records that were then sold to insurance companies.

Investment firms are raising record sums for real estate secondary funds that cut private deals to buy assets from investors who can’t otherwise exit.