Carvana downgraded to Strong Sell due to overvaluation, subprime loan risks, and regulatory scrutiny threaten margins. Learn ...
The sudden collapse of a roughly $1 billion subprime auto lender has stranded about 100,000 borrowers in a legal and financial gray zone and wiped out 1,000 jobs almost overnight. What began as a ...
Explore how mortgage securitization contributed to the 2008 financial crisis, fueling risk-taking and immense losses for Wall ...
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 ...
Carvana (NASDAQ:CVNA) shares had rallied 13% in 2026, reaching a high of $486.89 per share before a short-seller report from ...
Subprime auto loans — loans for borrowers with bad credit or no credit history to help them buy a car — are big business in the U.S. According to Kelley Blue Book, citing Cox Automotive data, subprime ...
The collapse of a subprime auto lender that once handled nearly $1 billion in financing has left roughly 100,000 borrowers trapped between criminal courts and collection calls. What began as a promise ...
DETROIT — A published report details how subprime lending and bargain-basement sales of foreclosed homes by banks and other mortgage lenders helped create blight in Detroit.f The Detroit News reviewed ...
Auto loan delinquencies are soaring across the U.S. Find out why that means getting a car loan is becoming tougher for everyone. Auto loan delinquencies and tighter lending indicate economic ...
WASHINGTON — Federal banking regulators are negotiating with lenders to restructure high-interest mortgage loans made to home buyers with poor credit. The effort by the Office of Thrift Supervision is ...
The evidence continues to mount showing how much auto finance companies are tightening their underwriting and slowing the volume of subprime paper they're adding to their portfolios. Experian ...