Rob Nichols, American Bankers Association, explains why he thinks it's important to unite banks of all sizes and end "Too Big to Fail." Also Nichols weighs in on how technology is changing the way millennials use banks.» Read More
The biggest peer-to-peer lenders have been forced to slow down sophisticated investors from snapping up the most attractive loans. The FT reports.
Due to financial regulations, big banks are changing their rule on "deposit advances," loans against upcoming paychecks. CNBC's Kayla Tausche reports on the policy shift.
Andy Xie, Independent Economist, states that non-performing loans could see double-digit growth this year, with the majority originating in the trust industry.
Investors have poured over $20 billion into foreclosed properties over the last 3 years. Blackstone is about to offer bonds backed by the rent of its homes, reports CNBC's Diana Olick.
Loan limits at Fannie Mae and Freddie Mac will remain at $417,000 in general and $625,000 for higher-priced markets. CNBC's Diana Olick reports.
Keki Mistry, CEO of Housing Development Finance Corporation, says the company is still on track to meet its loan growth targets, and talks about the places where the growth will come from.
Auto lenders are relaxing terms and offering an average of more than five years for borrowers to pay. Here's what Suze has to say about that.
Two percent of the staff at the Federal Housing Administration staff is working, and many lenders are not moving ahead on jumbo mortgages. CNBC's Diana Olick reports
Josh Rosner, Graham Fisher & Co, shares his thought on how to fix Fannie Mae and Freddie Mac.
Steve Khun, Head of Fixed Income Trading at Pine River Capital Management says now is one of the best times to be invested in mortgage-backed securities.
The U.S. Census reported college enrollment declined for the first time in six years in 2012. That threatens higher education revenue, said Moody's.
Five years after the government takeover of Fannie Mae and Freddie Mac, the agencies are now making money hand over fist, reports CNBC's Diana Olick.
Banks are making more of their car loans to subprime borrowers as delinquencies fall and as auto manufacturers' finance subsidiaries draw more-reliable customers.
Here are a few of the things creditors are doing to get you to spend money you don’t have.
Wondering if you missed the boat when it comes to getting a deal on a home loan? Ask yourself these questions to figure out if getting a new mortgage makes good sense for you.
President Obama would like to speed the process of the Dodd-Frank bill. Elliot Weissbluth, CEO & founder of HighTower, breaks down what this may mean for banks.
Richmond, California Mayor Gayle McLaughlin threatens to use eminent domain to rewrite mortgages if banks don't agree to a sale. She urges banks to not stand in the way.
Renaud Laplanche, Founder & CEO of LendingClub.com, discusses his online "matchmaking" business for borrowers and investors.
Renaud Laplanche, CEO of Lending Club, discusses the growing trend among some consumers to bypass banks and borrow money directly from individuals.
Ezra Becker, TransUnion, provides an overview of the U. S. consumer credit landscape, including a look at credit card use, mortgage lending, student loan volumes and auto lending.