Not long ago, credit-card issuers would offer free food and other enticements to students simply for filling out a credit-card application, but lenders now are prohibited from luring students with freebies like fresh pizza, candy, T-shirts, water bottles, Frisbees and backpacks. The Credit CARD Act of 2009 dictates that no one under 21 can get a credit card without either a co-signer or proof that they have enough income to cover regular payments. For many students, a credit card may no longer be an option.

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Former Fannie Mae employee gets 6 years in prison for making $1 million on shady foreclosure sales

A former Fannie Mae employee will spend more than the next six years in prison after being found guilty of accepting more than a million dollars in bribes and kickbacks in exchange for selling Fannie Mae-owned foreclosures for less than market value.

Jan 15, 2020 By
3d rendering of a row of luxury townhouses along a street

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