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Federal Agencies Still Offering 100% Home Financing
Despite the bursting of the housing bubble, it's still possible to buy homes with no money down. In fact, it's possible to borrow up to 105 percent of the purchase price, leaving the buyer with more debt than the house is worth. ...more
June 10, 2008
Consumers Making More Late Payments
Late payments on a cluster of consumer loans, including those for autos, home improvement and certain home equity loans, climbed in the summer to their highest point since the country's last recession in 2001. ...more
January 4, 2008
Analysts Worry Mortgage Defaults May Affect Auto Loan Delinquency
Rising delinquency rates on car and truck loans have some industry analysts concerned that subprime mortgage troubles could spill into the automotive finance business. ...more
November 20, 2007
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