The share of consumers taking out the riskiest form of loans has reached its highest peak this decade, a sign of growing financial stress for many Americans. The share of consumers taking on subprime ...

Multiple banks view their auto lending behavior for both prime and subprime customers today as on the tougher end of their historic spectrum, according to the Federal Reserve's senior loan officer ...

Upstart, an AI-based lending marketplace provider that traditionally served consumers who couldn't get credit elsewhere, is shifting its attention to the kinds of prime borrowers that banks embrace.

Non-agency/non-QM Deephaven Mortgage announced a new jumbo-prime loan product, as it looks to help mortgage banks and brokers compete for high-net-worth borrowers. Deephaven's jumbo-prime loan product ...

With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...

Varun Surapaneni from Neuberger Berman notes that the percentage of past-due loans “to riskier consumers has begun to flatten, while newly issued paper is carrying higher interest rates.” In an update ...

There is good news in the subprime car loan sector, but only if you work in repossessions. For everyone else, it's bad news, and it might foreshadow worse news in the months and years to come. A new ...

Sub-prime loans are largely responsible for pushing the real estate market into the stratosphere in years past. They enabled people who would not normally be able to finance a home a shot at the ...

Prime Bank PLC has launched a “Home Loan & Investment Transfer Campaign” under its Hasanah Islami Banking, enabling customers to transfer their existing conventional home loans or Islamic home ...

SAN MATEO, Calif.--(BUSINESS WIRE)-- Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced the launch of its T-Prime lending program. This new ...

DALLAS--(BUSINESS WIRE)--National residential lender PrimeLending, a PlainsCapital Company, now offers Loan LIft, a mortgage underwriting process that helps ensure borrowers’ positive financial ...

EPM aims to transform 4,000 retail loan officers into loan originators, emphasizing the growing benefits of the wholesale sector in the housing market. Equity Prime Mortgage (EPM) wants to help ...