loans

After months of delay, the Department of Education issued new rules Thursday that could shut down some for-profit colleges and universities.

The department says the regulations are meant to cut off federal aid to schools whose students cannot earn enough to repay their loans.

The administration softened the rules in response to industry pressure.

More creditworthy borrowers are falling behind on their mortgages. It's a sign of growing trouble in the housing market.

A report from two federal agencies finds the number of delinquent prime mortgages has more than doubled from a year ago.

Prime mortgages are loans given to borrowers considered the least risky.