The Justice Department wants us to admit fraud and we're not going to do that, says Quicken Loans Chairman Dan Gilbert, weighing in on the DOJ's probe of the company and other large lenders.» Read More
Liz Dunn, Macquarie Capital analyst, weighs in on whether the additional capital will be enough for the retailer to implement its turnaround plan.
"There is total bailout fatigue," said Rob Nichols, President & CEO of Financial Services Forum, sharing his thoughts on shoring up the financials and the impact of regulations on the industry.
Many people with student loans are struggling but here's what they don't realize: They may be leaving a lot of money on the table by not taking advantage of repayment options.
European Union finance ministers agreed on Friday to extend the maturities of emergency loans extended to Ireland and Portugal by the European Union by seven years.
Reports circulating in Europe say the president of Cyprus planned to ask the European Union for "extra assistance," but not an increase in bailout loans, says CNBC's Julia Chatterley.
Chinese banks made $171 billion of new local currency loans in March, central bank data showed on Thursday, well above market expectations and adding to evidence of an economic recovery being fueled by ample credit.
Ballooning student loan debt is keeping money out of housing, reports CNBC's Diana Olick.
Student debt in the U.S. is now second to mortgage debt. CNBC's Diana Olick reports Americans are finding it harder to afford a mortgage because they're weighed down with student loans.
At car dealers across the United States, loans to subprime borrowers are surging — up 18 percent in 2012 from a year earlier, to 6.6 million borrowers. And it's the Federal Reserve that's made it all possible.
Student-loan defaults surged in the first three months of 2013 and efforts to collect are faltering as the system buckles under the massive load of debt.
Banks in Cyprus will be closed until at least Tuesday, reports CNBC's Michelle Caruso-Cabrera; and Cyprus International Institute of Management Association George Theocharides, weighs in.
The EU says Cyprus must put forth an alternative rescue plan, reports CNBC's Michelle Caruso-Cabrera. Meanwhile, CNBC's Steve Sedgwick reports on the enormous business activities in Cyprus, and what they want out of the bailout.
The Cypriot government is working on a proposal to avoid bankruptcy, reports CNBC's Michelle Caruso-Cabrera. Meanwhile, the country's finance minister is in Russia to discuss a loan extension. CNBC's Steve Sedgwick has that story.
Renaud Laplanche, Founder & CEO of LendingClub.com, explains how his online company is able to provide personal loans to borrowers while returning an average of ten percent to investors.
Fannie Mae says it is now buying more home purchase loans with between 3 and 10 percent down, reports CNBC's Diana Olick. Fred Glick, US Loans Mortgage president and Anthony Sanders, Gorge Mason University, discuss.
It appears banks and mortgage lenders are loosening up the purse strings, reports CNBC's Diana Olick.
CNBC's Diana Olick reports banks and lenders are loosening up the purse strings. There's been a "noticeable increase" in the purchase of fixed-rate low down payment loans, some with as little as 3-5% down, but they may require mortgage insurance.
CNBC's Diana Olick reports the latest numbers on housing.
Mark Okada, Highland Capital, explains how a reduction in the Fed's bond-buying program could produce a flight to junk bonds among investors.
Jed Kolko, Trulia chief economist, discusses real estate trends and whether the encouraging housing data is fundamentally real or investor driven.