LoanDepot, a non-bank mortgage lender, will begin offering personal loans next month. How the payment works, with CNBC's Diana Olick.» Read More
It's not a matter of lending out deposits.
Peer-to-peer lender Prosper hopes to attract more investors, seeking yield. But is the emerging lending platform too risky?
Hundreds of emails allegedly show JPMorgan hiding bad loans, reports CNBC's Scott Cohn. The Belgian bank Dexia is suing JPMorgan.
Ocwen Financial is a servicer of high-risk mortgages. Henry Coffey, Sterne Agee senior research analyst, explains why he believes in this stock.
CNBC's Jane Wells reports how customers of Beverly Hills Loan are using the company as a revolving line of business credit instead of just personal credit.
What can investors expect to see when the big banks report next week? Charles Bobrinskoy, Ariel Investments, provides a preview on earnings.
CNBC's Rick Santelli explains how a new government-sanctioned mortgage rule could set the stage for another setback in the housing market.
CNBC's Diana Olick reports a U.S. consumer watchdog group has made mortgage policy changes on banks in an effort to protect borrowers from the ills of the past decade.
William Emerson, CEO of Quicken Loans, discusses where interest rates are likely headed and if now is the time to buy a home.
A $10 billion settlement to resolve claims of foreclosure abuses by major lenders is expected to be announced on Monday, sources said Sunday. The New York Times reports.
CNBC's Diana Olick reports housing stocks are up on two big tax breaks in the "fiscal cliff" deal passed last night in the House.
CNBC's Larry Kudlow reports BP is temporarily suspended from new U.S. contracts; and Ron Meyer, American Majority Action discusses whether the student loan bubble is about to pop.
Liu Li-Gang, Head of China Economic Research, ANZ says the economic outlook for China looks brighter next year, and forecasts that its economic growth will hit 8.1%.
FHA is short $56 billion in reserves, with Stephen Meister, Meister, Seelig & Fein; and SEIU activists are protesting outside Los Angeles Airport, with Mary Kay Henry, SEIU International president.
The housing recovery can't gather steam until tight-fisted banks loosen tough lending standards put in place after the worst housing crisis since the Great Depression.
Senator Chuck Grassley says the very day A123 filed for bankruptcy, the Department of Energy sent a check to the company for nearly $1 million, reports CNBC's Eamon Javers.
Michael Schlein, Accion president & CEO, discusses his global nonprofit organization, which offers people the financial tools they need to escape poverty.
CNBC's Eamon Javers reports Senator Chuck Grassley says the very day A123 filed for bankruptcy, the Department of Energy sent a check to the company for nearly $1 million. The Energy Department, he says, needs to answer for "autopilot" funding.
Want to ski at the Yellowstone Club? Be prepared to pay.
"This uncertainty is really making business people extremely nervous," said Rusty Cloutier, President and CEO of MidSouth Bank, discussing the impact of fiscal cliff worries on bank loans.