MOSCOW, Nov 25- Debt-laden Russian miner Mechel has been granted a waiver on the terms of a $1 billion syndicated loan until the end of 2014, bringing relief in talks with its creditors that have unsettled investors.» Read More
A new Fed survey shows banks are still not opening the spigot to give homebuyers access to loans. Sanjiv Das, CitiMortgage CEO, says the industry lent $1.9 trillion in mortgages in 2012, and that the market will begin to get competitive.
Tesla's market cap is now over $10 billion, reports CNBC's Phil LeBeau; and Cole Wilcox, Longboard Asset Management CEO, explains why he thinks the stock is worth more.
Automakers have rebounded since the financial crisis, but car loan delinquencies are on the rise, reports CNBC's Phil LeBeau.
Jed Kolko, Trulia chief economist, reveals the results of its latest report on housing and credit, explaining that they found in most of the country, "prices are below "their fundamental value."
The adjusted delinquency rate on mortgages rose to 7.25 percent from 7.09 in the first quarter but was down from 7.40 percent a year ago, according to a report.
Investments in Europe is picking up, says William Vrattos, York Capital Management, providing an outlook on fixed income assets.
Will an improving jobs picture be a headwind for low mortgage rates? Bill Emerson, Quicken Loans CEO, weighs in.
Payday loans cost the U.S. economy nearly $1 billion and thousands of jobs in 2011, while borrowers often face bankruptcy, according to a new report.
On the home front, a new guy is expected to head the government regulator overseeing Fannie Mae and Freddie Mac, reports CNBC's Diana Olick.
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.