Author: administración

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 16, 2026 Agencies issue joint statement on handling of highly sensitive information during bank examinations Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency For release at 2:00 p.m. EDT The federal bank regulatory agencies today issued a joint statement describing enhanced security procedures for review of highly sensitive information in connection with examinations of supervised banks, such as reviewing materials…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 16, 2026 Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank For release at 11:00 a.m. EDT The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Prohibition order against James Burns Former Chief Lending Officer of Heritage State Bank, Lawrenceville, Illinois Appraisal-Related Lending Misconduct For media inquiries, please email [email protected] or call 202-452-2955. Last Update: July 16, 2026

Every 529 plan has an account owner and a beneficiary. Most families spend a lot of time thinking about the beneficiary and almost none thinking about what happens if the owner dies.The short answer: if the account owner named a successor owner, the account transfers to that person outside of probate, usually with nothing more than a death certificate and a form. If they didn’t, what happens next depends on the plan’s rules and state law — and the account could end up in probate.Here’s how it works, what it means for taxes, and what happens if the beneficiary dies…

If you’re comparing Earnest vs. SoFi for student loan refinancing, you’re looking at two of the strongest lenders in the space — and two very different philosophies.Earnest is built around flexibility. Its Precision Pricing tool lets you dial in your exact monthly payment, which generates roughly 180 possible repayment schedules instead of forcing you into a standard 5- or 10-year box. SoFi is built around the total package: competitive rates plus member benefits like career coaching, financial planning, and a new SmartStart option that lets recent grads make interest-only payments for their first nine months.Both lenders charge no application fees,…

Certificates of deposit (CDs) have seen rates rising even more, despite major banks lowering the rates on theri savings accounts. As of July 15, 2026, the best 12-month CD rates reach up to 4.15% APY (annual percentage yield), with many banks and credit unions still offering yields far above the national average of 1.65%, according to the FDIC. Over the last several weeks, rates have been rising slightly.Now might be the best time to lock in a guaranteed rate. If you’re looking to earn a predictable return over the next year, these are the best CD rates available today.💰 Today’s Best 12-Month CD…

Americans’ confidence in higher education slipped to 38% this year, down from 42% in 2025, according to the new Lumina Foundation-Gallup Confidence in Higher Education survey. The drop erases most of the modest recovery colleges saw last year.The survey, conducted in June 2026, found that 38% of U.S. adults have “a great deal” or “quite a lot” of confidence in higher education, 37% have “some,” and 25% have “very little” or none. When Gallup first asked the question in 2015, 57% of Americans expressed strong confidence.The NumbersThis year’s decline came almost entirely from Democrats. Just 50% of Democrats now express…

Key PointsFederal Direct subsidized and unsubsidized loans come with a six-month grace period after graduation. Medical and dental residents can pause federal payments through forbearance, in increments of up to 12 months, or through deferment — but interest keeps adding up the entire time.Private loans, including Abe® student loans, set their own grace and deferment terms, so residents should check those details before they borrow. New doctors and dentists tend to finish school with some of the largest balances of student loan debt of any profession, and then have to start residencies on a modest salary. The months right after graduation,…

Key PointsThe Justice Department asked a federal judge on July 14 to dismiss Havens v. U.S. Department of Education, the last active lawsuit trying to stop the SAVE plan shutdown.The government says the lead plaintiffs’ tax injury is “self-inflicted” because they skipped a December 31, 2025 deadline that would have made their loan forgiveness tax-free at no cost.Without the tax claims, the government says the case comes down to about $1,320 in higher payments, which the government could refund. The Justice Department told a federal judge on July 14 that the last active lawsuit trying to stop the SAVE plan…

Student loan rates have are getting even more competitive as peak back to school season starts. As of July 14, 2026, private student loan lenders are offering fixed rates as low as 2.29% APR and variable rates starting as low as 3.03% APR, depending on credit profile, degree program, and repayment term. Ascent Student Loans is currently offering the lowest fixed rate loan available. Student Choice is currently offering the lowest variable rate student loan available.While federal student loan rates are set annually by Congress, private lenders continue to adjust based on market conditions and Treasury yields. Staying current on these…

Key PointsRoughly 40% of Americans would likely be denied a private student loan, and most approvals depend on a cosigner.About 84% of private student loan borrowers applied with one in 2024.Borrowers can appeal federal PLUS denials, add a cosigner or endorser, unlock extra federal loan money, or apply with second-look lenders like GradBridge and Funding U. A student loan denial in July hits at the worst possible moment. Financial aid packages are set, fall tuition bills are landing in inboxes, and the first day of class is weeks away, while your lender has just said no. But a denial is…