Veteran underwriter of subprime mortgages, Dan Perl is leading a small band of lenders making subprime loans once more, the Financial Times writes.
CNBC's Jim Cramer revisits his infamous rant about the Fed from 2007. Has anything really changed?
CNBC's Phil LeBeau has the details of a new report showing lenders are beginning to realize too much subprime lending is not good.
The latest subprime fear in the auto industry already has investors worried.
Ken Rees, Elevate CEO, discusses the road to the subprime lender's IPO, including repricing, and the loan environment for borrowers.
Big banks are backing away from parts of the auto loan market as Americans take on bigger debts that take longer to pay off.
Top banking stocks have traded in alignment with market expectations for an interest rate hike from the Fed — but one analyst says that should end soon.
Delinquencies in subprime auto loans are on the rise, and that could signal bad news for lenders and automakers.
The shares' plunge to start the year has been reversed, and loose monetary policy could support lenders’ operations.
Santander Consumer USA looks to resolve issues regarding "discount accretion and credit loss allowance methodologies."
Analysts are almost universally bearish on consumer banks in the longer term, because interest rates are likely to stay low.
Fintech start-ups are looking to cash in as financing capital has become tough to come by.
The companies invested in a fund, named for Knight of the Round Table, backing loans originated through their partnership.
Start-ups have been given an opportunity with borrowers who have poor credit thanks to federal rules.
The JPMorgan Chase CEO says "someone is going to get hurt" as auto financing roars.
The bank's need for reserves to offset losses on oil and gas companies could rise in 2016, executives warn.
The bank has redefined itself in the wake of the global financial crisis, and Goldman Sachs feels fine.
Strengthening lending and inflation in the U.K. may mean the Bank of England raises rates sooner than expected — possibly even this year.
A Treasury Department report highlights opaque creditworthiness standards.
Fees to companies to originate loans vary widely and have drawn regulators' attention.