May 7, 2018
Auto loans to customers with subprime credit ratings (FICO scores below 620) are risky affairs. During good times and endless cheap money, the high interest rates […]
May 4, 2018
Starting last month, some consumers may have noticed a higher credit score. Because of improved standards for utilizing new and existing public records, the three major […]
May 3, 2018
May 3, 2018
Despite tough new regulations aimed at lowering risk for banks, large financial institutions continue to find a way to finance subprime loans. Big Wall Street banks […]
May 2, 2018
New Chapter 11 bankruptcies in the US spiked 63% year-over-year in March to 770 filings, the highest number of filings for any month since April 2011 […]
April 30, 2018
April 30, 2018
Home sales will struggle to rise above their current levels as housing inventory continues to shrink, according to Freddie Mac’s monthly Outlook for April. The Outlook […]
April 27, 2018
April 27, 2018
Homeowners are growing closer to estimating their home’s appraised value, according to the latest Home Price Perception Index from Quicken Loans. Homeowner estimates came in 0.36% […]
April 26, 2018
Americans have a history of loading up on debt in good times, then paying dearly when the bills come due. Adding to the pain: A booming […]
April 25, 2018
U.S. banks are seeing a surge in the number of loans being taken out by corporate America, with new data showing the biggest increase since the […]
April 24, 2018
April 24, 2018
National delinquencies fell in March to a 12-month low, but despite that, the recent hurricanes continue to have a negative effect on foreclosures, according to the […]