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
In the latest bad news for the market for commercial mortgage-backed securities, a commercial real estate securitization trust disclosed losses of more than 100 percent on five loans, the New York Times reports.
Companies in the U.S. and Europe will need to compete with emerging market firms for debt capital funding in the future, according to emerging market credit experts speaking at the Association for Financial Markets in Europe’s high yield conference last week.
Two former bomb technicians transitioning back into civilian life are taking on a different type of risk: In June, they started Bullets2Bandages, a fashion jewelry business that donates 15 percent of profits to veterans' nonprofits, reports The Huffington Post.
Howard Widra, MidCap Financial CEO, discusses the business of lending for middle market companies, and the demand for capital.
While the current notion is that securing a business loan is near impossible, the truth is that there are still bank loans available for those who do the necessary footwork and come prepared, says Mike Lubansky of Sageworks Inc.
More U.S. homes entered the foreclosure process in October than in the previous month, with Florida, Pennsylvania and Indiana registering among the largest monthly increases, new data show.
Withdrawing money from a retirement account can carry a high price. Besides jeopardizing long-term savings, withdrawals can incur a 10 percent penalty. Still, if you’re in a financial pinch there are some options for cracking your nest egg that are better than others.
America is in the midst of physical decline. Decades of infrastructure neglect are eroding centuries of economic progress. Call it: The Great Regression.
"When I look at Zuccotti or McPherson or Grant Park, I’m not surprised the Occupiers don’t have a fixed agenda, writes the best-selling author," adding, "For decades, we’ve been like a tether ball in a schoolyard, pummeled by so much abuse from so many different directions that we’ve just spun around in circles. Now, the Occupiers are stopping the ball."
Banks are tripping over themselves to give loans, says John Kanas, BankUnited chairman, president/CEO. He adds that help for homeowners would be enormously uplifting.
CNBC's Scott Cohn has the story on why student loans is sparking anger and driving the Occupy Wall Street movement.
CNBC's Hampton Pearson has the latest on Treasury dealers reporting little change in funding terms.
Leveraged loans are under increased pressure amid the European debt crisis. Mark Attanasio, Milwaukee Brewers Baseball Club chairman/principal weighs in.
As the financial sector braces for another wave of losses due to FHA claim denials, Paul Miller, FBR Capital Markets, discusses the potential fallout.
CNBC's Courtney Reagan reports the purchasing managers index rose more than expected but Americans' income fell by a tenth of a percent in August. Also, Eastman Kodak says it is not considering bankruptcy, and the Energy Department has finalized more than $2 billion in loan guarantees.
President Obama’s proposal to expand access to mortgage refinancing has reignited a debate about the appropriate role for government in supporting the housing market. Some economists argue that the best way to spur the recovery is to stop intervening, let matters run their course, and allow home prices to normalize naturally.
CNBC's Steve Liesman breaks down the data on the health of the U.S. economy from the Fed.
Richard Bove, Vice President of Equity Research, Rochdale Securities shares details of the FHFA lawsuit against Bank of America.
CNBC's Phil LeBeau has the story on the comeback in subprime auto loans.
Small businesses are still struggling to get financing, and that has many entrepreneurs wondering how to go about getting the cash they need to either start or maintain their business.