What is the DOJ planning to do with the money its getting from Bank of America's settlement? Tom Fitton, Judicial Watch President, says some of the money is going to liberal activist groups.» Read More
CNBC's Phil LeBeau has the details on the uptick in subprime car buyers. With more people getting loans and buying cars, how is this affecting the economy? Rebecca Lindland, IHS director of automotive research, weighs in on the need for a happy medium.
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.
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."
CNBC's Scott Cohn has the story on why student loans is sparking anger and driving the Occupy Wall Street movement.
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.
Richard Bove, Vice President of Equity Research, Rochdale Securities shares details of the FHFA lawsuit against Bank of America.
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.
In 2010 it took almost a whole year to get $1 trillion loan volume. This year it took barely seven months.
At the height of the financial crisis, the Federal Reserve evoked emergency powers to make loans to Wall Street firms without bothering to adequately explain the legal grounds for those loans.
Mortgage industry employees are still signing documents they haven't read and using fake signatures more than eight months after big banks and mortgage companies promised to stop the illegal practices that led to a nationwide halt of home foreclosures.
Fame ain't no thing for JPMorgan.
Bank of America sure talked tough when it came to fighting claims by investors that it should buy back soured mortgages securities.
There's just not enough funds to go around in New Jersey. Meredith Whitney, Meredith Whitney Advisory Group, weighs in on the Garden State's decision to take out a bank loan to pay its bills.
For anyone who has computed taxes, “tax brackets” are a familiar term -- but how they work can be complicated. Salman Khan of the Khan Academy breaks down and explains the U.S. income tax schedule.