More borrowers are getting rejected for auto loans

2019-12-16

U.S. consumers might have their pick of employment in today’s robust job market, but that doesn’t mean everyone is getting financed for a car. A Federal Reserve Bank of New York survey of consumer credit released Monday showed a spike in the rate of auto-loan rejections, to 8.1% in OctoberRead More →

FDIC Chairman on repo market, LIBOR, and farm loans

2019-11-12

FDIC Jelena McWilliams, FDIC Chairman, speaks at a commercial real estate conference in New York, November 6, 2019 The U.S. banking system is safer and healthier than it was a decade ago, before the 2008 financial crisis, but every so often, there is a hiccup or two. When trillions ofRead More →

When you play the Game of Loans, you pay either way

2019-05-18

One of the world’s most popular television shows may be nearing its conclusion, but for most Americans, it’s trying to win the Game of Loans that can take longer than finishing one of George R.R. Martin’s “Game of Thrones” novels. So what life lessons can we take away from thisRead More →