FHA loan approval was revoked for two lenders in several markets after defaults spiked, with possible reinstatement after six months.

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 ...

Since the housing crisis began over a decade ago, subprime mortgage loans basically disappeared – thanks to regulatory actions from government and self-preservation for both lenders and borrowers. The ...

Subprime auto loan deliquencies have hit an all-time high, surpassing even the financial crisis of 2008, reflecting growing consumer financial strain. Prime loan defaults, however, remain below crisis ...

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 ...

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 ...

As the central bank considers changing the prime interest rate, the financial sector is struggling to explain the ...

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 ...