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 […]
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 […]
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 […]
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 […]
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 […]
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% […]
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 […]