Credit card debt soars to nearly $1 trillion

May 20, 2016
Outstanding balances on credit cards have reached more than $951 billion.
A department store in 1936.
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The numbers for October 2, 2014

Oct 2, 2014
Loan fraud, prison banks and domain name speculation: Here's what we're reading.

The numbers for September 26, 2014

Sep 26, 2014
U.K. airstrikes, auto loans and a Facebook killer? Here's what we're reading Friday.

Are too-easy car loans the next subprime disaster?

Dec 4, 2013
The credit rating agency Experian says Americans are taking out bigger car loans and are taking longer to pay them back.

5 years after Lehman, subprime mortgages return

Sep 12, 2013
Mortgage lenders fueled the financial collapse by marketing subprime loans to people who couldn't afford them. They disappeared as the housing market crashed, but subprime mortgages could return.

Wall Street revives foreclosed homes as rentals

May 3, 2013
Big investors have been snapping up foreclosed homes and turning them into rentals. Now some of those investors are hoping to capitalize on their distressed buys -- and share the spoils with the general public -- by going public.
A 'bank foreclosure sale' sign is posted in front of townhomes on August 12, 2010 in Los Angeles, Calif.
Kevork Djansezian/Getty Images

Maryland AG on $25 billion mortgage settlement

Feb 9, 2012
Federal and state authorities have reached an agreement with big banks on abusive foreclosure practices. What does this mean for states like Maryland?

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Mortgage settlement hikes the cost of Countrywide

Dec 22, 2011
Bank of America will pay $335 million to settle mortgage discrimination charges against Countrywide Financial.

Countrywide discrimination settlement reached

Dec 22, 2011
Countrywide was accused of steering more than 200,000 black and Hispanic borrowers into risky subprime loans during the housing bubble. But is the practice really over now?

Bank of America, Countrywide settle discrimination case

Dec 22, 2011
BofA's costs mount as it settles a mortgage discrimination suit against subsidiary Countrywide Financial.