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Arit John Phone: 909-784-2468

Arit John received a degree in English Literature and creative writing from UCLA, where she worked as a writer and columnist for the Daily Bruin.

Following graduation, Arit spent a summer writing tweets and Facebook posts for a luxury housewares brand before heading to Iceland for three months. There she wrote news and feature stories for The Reykjavík Grapevine, the country’s largest English language weekly.

In addition to covering lending news, Arit also handles’s marketing. As a recent graduate saddled with student loans, she hopes to cover stories that directly impact people’s lives.

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Thirteen of the mortgage loan companies investigated by federal regulators will begin sending compensation to borrowers on April 12. In a press release issued by the Office of the Comptroller of the Currency, the mortgage loan servicers will spend $9.3 billion to settle claims of foreclosure abuse. The payments are the result of an agreement between the Office of the Comptroller, the Federal Reserve and the following companies and their affiliates or subsidiaries: Aurora, Bank of America,...
Capitol Building
The majority of signatures on a recent petition to forgive a percentage of student loan debt for federal workers come from Maryland, home to 136,148 federal jobs. Created on April 2, the White House petition cites the recently renewed federal pay freeze as the main cause of the “fiscal uncertainty” faced by federal employees, and asks that their principle loan balances be reduced by 2.2 percent for each year the pay freeze has been in effect. As of Monday morning, the petition has logged over...
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Increased access to business loans would boost exports by small businesses, according to a report released on Wednesday by the U.S. Small Business Administration Office of Advocacy. The report examined the relationship between small business exports and bank health. It found that smaller exporters, who rely more on business loans for operating funds, were more adversely affected by reduced bank credit. Due to the nature of international trade, financing is a key part of an export business’...