May 21- Uber Technologies Inc is seeking a $1 billion credit line from banks, the Wall Street Journal reported, citing people familiar with the matter. The cab-hailing company is in talks with a number of large banks for the loan, asking them how much they would commit and at what terms, the Journal reported, citing the people. San Francisco- based Uber, which has grown...» Read More
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.
Stuart Boesky, President & CEO of Pembrook Capital Management, explains how his fund is able to bridge the gap between developers and banks that aren't lending money.
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.