Tonights Jersey Cash 5 jackpot is the largest of 2014 and the most lucrative in more than a year.

If a single ticket for tonights drawing matches all five numbers, the winner would receive at least $1,166,000, lottery officials said.

The last time a jackpot was bigger Nov. 16, 2013 someone who bought a ticket at Home Wine and Liquor on the 200 block of Elizabeth Avenue in Newark won $1,316,860 before taxes.

The winning numbers for Thursdays drawing were: 2, 15, 26, 32, 43. No ticket sold across the state matched more than four numbers, though.

Six consecutive Cash 5 drawings have been held since a ticket worth $971,722 was sold in Glen Rock for the Nov. 14 drawing.

That...

When mortgage lender ditech relaunched back into the industry in March 2014, it faced an unusual legacy of having to shake off the over-the-top Lost another loan to ditech, ad campaign.

Further, the press seems obsessed with referring to ditech as a subprime mortgage firm, even though its bread-and-butter was primarily Alt-A mortgages.

Even sitting on the sidelines for years after the housing crash appears to have done little to impact that brand legacy.

But the company hopes its new business direction will help redefine both the firm and its mission in the eyes of others.

The new ditech was formed from the assets from the GMACRescap estate, purchased...

By Andrew Housser

This month marks four years since the Federal Trade Commission (FTC) implemented new rules regulating the debt relief industry. The changes signaled an end to many unscrupulous debt relief firms. This, in turn, has made it easier for financially strapped consumers to find trustworthy companies to help them resolve significant financial problems.

These days, many Americans still need help with serious debt. At the close of 2013, US consumers were $11.63trillion in debt. That is almost a 4 percent increase from the previous year. Student loan debt rose 11.5 percent to more than $1.12trillion in 2013. Today, the average US household owes more than...

PNC Financial Services Group Inc. expects commercial and industrial loan growth next year to be in the mid-single digits, a little less from what its been, Chairman, CEO and President William Demchak said Wednesday. Its not because of demand but competition is picking up.

PNC (NYSE:PNC) was among the banks participating in the Goldman Sachs US Financial Services Conference in New York.

Borrowing for equipment upgrades or facility improvements still lags nationally for banks.

Potentially, we have this pent-up need for capital expenditures, notwithstanding all the loan growth weve seen in the industry, weve seen utilization largely hasnt changed, he said.

And often...

Student loan guarantee agencies faced an uncertain future in 2010, when the Obama administration and the US Congress eliminated government-backed private lending. With the federal government issuing only direct loans, the guaranteebusiness of insuring bank loans was destined to dry up.

As a result, the more than 30 guaranteeagencies have been trying to diversify in recent years.

A lot of guarantors are going through a strategic plan process, said James P. Bergeron, president of the National Council of Higher Education Resources, a group that represents the agencies and other organizations involved in lending. They have no choice but to look at their business models.

Guarantors...

Wolf, owner of a kitchen cabinet distribution company, won the primary and general elections largely on the strength of folksy commercials he funded with $10 million of his own money.

Wolf plans to use his own cash again and also rely on donations to pay some costs typically born by taxpayers in the run-up to inauguration day, Jan. 20.

STATEN ISLAND, NY — Investors Bank appointed Mark Noto as the new head of business lending, and in this role he will oversee senior lending officers and their teams in three primary geographic markets, as well as the banks specialized loan operations.

Noto will have offices at Investors Banks headquarters in Short Hills, NJ, and at its New York Regional office in Brooklyn. He will be report to Investors chief lending officer Richard Spengler.

Not only is he a knowledgeable banker with the skills to develop practical financing solutions for the most complex business loans, he is an exceptional individual with a straightforward manner that earns clients trust and forms the foundation...

SAN DIEGO — Kevin Cash says he is excited, rather than nervous, about replacing Joe Maddon as manager of the Tampa Bay Rays.

Cash, who has no managerial experience, was hired Friday to take over a team that made the playoffs four of the last seven seasons under Maddon.

I look at it more as kind of an honor to be following him in what hes done over the course of his career here, Cash said Monday at baseballs winter meetings.

I think its great. You embrace it. Im always somewhat appreciative what hes been a part of, a big piece, and kind of built and now the opportunity to join that group. We all know what a job hes done, what hes meant in the Tampa Bay community....

THE BUZZ

Consumers looking to borrow money at below-average interest rates are tapping into a fast-growing group of online lenders that are shaking up the banking industry.

The largest of them is Lending Club (NYSE:LC), which has arranged more than $6 billion in loans since its founding in 2007. The San Francisco-based company will soon get its own infusion of cash with an initial public offering that could raise $808 million or more. The IPO is expected to price late Wednesday and begin trading on the NYSE Thursday.

Lending Club, like Prosper Marketplace, OnDeck and Funding Circle, collects and pools money from investors and connects them with borrowers, a practice called...

NEW YORK (MainStreet) Are college students an untapped market for credit cards?

They may be now, but when Federal rules on college-branded cards take effect in July 2015, card issuer revenue is expected to take a hit.

That could be why Discover Financial Services is striking while the iron is still hot.

Read More: Student Credit Cards — Safe Rules for Millennials

In an attempt to become a bigger brand on campus, Discover announced in May that its private-student-loan borrowers with a 3.0 GPA will get cash back equivalent to 1% of their loan amounts.

The company also unveiled a new version of the Discover Card, its flagship offering that specifically...