CNBC's Phil LeBeau reports the average auto loan is now averaging $27,430 according to Experian. The "Closing Bell" panel provides perspective on the data.» Read More
CNBC's John Harwood reports Secretary of State John Kerry says the U.S. is considering a $1 billion loan to Ukraine.
Michael Arougheti, CEO of Ares Capital, discusses the growing European non-bank lending market and says that non-bank lenders have "become the banks of today."
Loan modifications had a five year limit. CNBC's Diana Olick reports how the program helped or didn't help borrowers.
Discussing the business risks associated with subprime lending, with Edward Pinto, American Enterprise Institute, and Mark Calabria, Cato Institute.
CNBC's Kayla Tausche reports how careful Wells Fargo is being as it gets back into subprime lending. If these loans run into trouble, the consumer may be able to sue the bank for giving them the loan.
The biggest peer-to-peer lenders have been forced to slow down sophisticated investors from snapping up the most attractive loans. The FT reports.
Due to financial regulations, big banks are changing their rule on "deposit advances," loans against upcoming paychecks. CNBC's Kayla Tausche reports on the policy shift.
OW Bunker this week secured a $700 million credit facility to support its growth strategy in the highly fragmented industry, presenting Altor with an attractive window of opportunity for a listing that could give the business a value of $1 billion.
Andy Xie, Independent Economist, states that non-performing loans could see double-digit growth this year, with the majority originating in the trust industry.
MOSCOW, Nov 25- Debt-laden Russian miner Mechel has been granted a waiver on the terms of a $1 billion syndicated loan until the end of 2014, bringing relief in talks with its creditors that have unsettled investors.
Investors have poured over $20 billion into foreclosed properties over the last 3 years. Blackstone is about to offer bonds backed by the rent of its homes, reports CNBC's Diana Olick.
Loan limits at Fannie Mae and Freddie Mac will remain at $417,000 in general and $625,000 for higher-priced markets. CNBC's Diana Olick reports.
SAN FRANCISCO, Oct 22- Twitter Inc has obtained a $1 billion credit line ahead of its initial public offering, the company disclosed Tuesday in an amended investor prospectus. Goldman Sachs, Morgan Stanley, JP Morgan, Bank of America Merrill Lynch and Deutsche Bank were involved in arranging the credit deal, Thomson Reuters LPC reported earlier this month.
SAN FRANCISCO, Oct 22- Twitter Inc has obtained a $1 billion credit line, an expected move before an initial public offering, the company disclosed Tuesday in newly amended IPO filings.
Keki Mistry, CEO of Housing Development Finance Corporation, says the company is still on track to meet its loan growth targets, and talks about the places where the growth will come from.
NEW YORK, Oct 21- RadioShack Corp has secured a fresh round of financing from GE Capital, two people familiar with the matter said on Monday. General Electric Co's GE Capital will extend $835 million in new financing secured by inventory and other assets- $585 million in the form of a credit facility and $250 million in a second-lien term loan, one of the people said.
Auto lenders are relaxing terms and offering an average of more than five years for borrowers to pay. Here's what Suze has to say about that.
Two percent of the staff at the Federal Housing Administration staff is working, and many lenders are not moving ahead on jumbo mortgages. CNBC's Diana Olick reports
Josh Rosner, Graham Fisher & Co, shares his thought on how to fix Fannie Mae and Freddie Mac.
Steve Khun, Head of Fixed Income Trading at Pine River Capital Management says now is one of the best times to be invested in mortgage-backed securities.