KBW analysts are looking at "shadow banking" stocks and think nonbank lenders may rebound.
Delinquencies in subprime auto loans are on the rise, and that could signal bad news for lenders and automakers.
Aug 9- U.S. household debt hit $12.29 trillion in the second quarter, up $434 billion from a year earlier as auto loans and credit card debt increased, a Federal Reserve Bank of New York survey showed on Tuesday. Auto debt was $1.10 trillion, up $97 billion from a year earlier, while the aggregate credit card limit increased for the 14th straight quarter, reflecting...
Santander Consumer USA looks to resolve issues regarding "discount accretion and credit loss allowance methodologies."
Auto debt recently eclipsed the $1 trillion mark but big banks are cranking out more and more auto loans.
A look at the top five most- and least-expensive auto insurance rate increases, by state, for parents adding a teen to an existing policy.
Nissan is set to buy 34% of Mitsubishi. Carlos Ghosn, Renault-Nissan CEO, discusses the deal, auto sales, Brexit, and more.
Looser car loan restrictions could indicate that Singapore's central bank may soon ease measures for the property sector.
Singapore's beaten-down home prices may find hopes of a recovery from an unusual source: car loans.
Start-ups have been given an opportunity with borrowers who have poor credit thanks to federal rules.
CNBC's Phil LeBeau reports on new data from Experian showing big records in average auto loans.
The JPMorgan Chase CEO says "someone is going to get hurt" as auto financing roars.
Americans are paying more every month for a new vehicle and making those payments for longer than ever, Experian says.
Ride- and car-share services are becoming more popular with millennials, yet a new study finds the group is finally warming up to ownership.
With auto sales cruising at a near record pace, the amount of money borrowed by car, truck and SUV buyers topped $1 trillion for the first time ever.
We are seeing an increase in fleet sales which is not a good sign overall for the market, says Brian Johnson, Barclays auto analyst, providing an outlook on auto sales, and weighing in on whether the auto market is over-saturated. We have a recession in cars, says Johnson.
Despite concerns about the safety of U.S. banks, they're the strongest they've been in decades, storied bank analyst Richard Bove said.
Fitch is out with a new report on subprime loans. CNBC's Phil LeBeau reports the details and Rick Santelli looks at lending and the consumer.
Bob Lutz, former GM vice chairman, discusses how a record number of leased vehicles could flood the auto market and put pricing pressure on new car sales.
The bank plans to sell auto loans alongside other products such as checking accounts and home equity loans.