New York City's new initiative to reduce unnecessary jail stays will affect defendants, taxpayers, industries and communities.» Read More
CNBC's John Harwood reports Secretary of State John Kerry says the U.S. is considering a $1 billion loan to Ukraine.
Michael Arougheti, CEO of Ares Capital, discusses the growing European non-bank lending market and says that non-bank lenders have "become the banks of today."
Loan modifications had a five year limit. CNBC's Diana Olick reports how the program helped or didn't help borrowers.
Discussing the business risks associated with subprime lending, with Edward Pinto, American Enterprise Institute, and Mark Calabria, Cato Institute.
CNBC's Kayla Tausche reports how careful Wells Fargo is being as it gets back into subprime lending. If these loans run into trouble, the consumer may be able to sue the bank for giving them the loan.
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.