Fri, 30 Sep 2016 18:01:37 GMT

Detroit Free Press

Auto loan delinquencies continue to climb - Detroit Free Press
Detroit Free Press
The delinquency rate on subprime auto loans rose in August, and a credit rating agency that monitors the market said the trend likely will continue through the ...
Losses Jump for Subprime Auto LoansWall Street Journal (blog)
Losses on stretched subprime auto loans will deepen into year-endMarketWatch

all 7 news articles »
Sat, 01 Oct 2016 13:01:16 GMT

New Home Loan Lender Opens in Santa Barbara
Santa Barbara Independent
A new arrival in Santa Barbara's home mortgage ranks, so new it has yet to tack a sign on the door, Angel Oak Home Loans landed in August to “disrupt industry in a positive way,” as CEO Steven Schwalb has put it. The lender offers home loans to people ...

Fri, 30 Sep 2016 12:32:46 GMT

The Boston Globe

How student loan debt causes a chain reaction in the housing market
The Boston Globe
America's student loan debt has reached $1.3 trillion, surpassing every type of consumer debt except mortgages. We owe more for our college degrees (or our unsuccessful attempts to earn them) than we do in total for our cars. It's a startling number ...
Student Loan Defaults Drop, but the Numbers Are RiggedBloomberg
Student loan default rate dips, but 'considerable work remains,' education secretary saysWashington Post
For-Profit Colleges Account for a Third of All Federal Student Loan DefaultsFortune
U.S. Department of Education (press release) -Charleston Gazette-Mail (subscription) -Fox Business
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