Earnings
Earnings
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The hurricanes destroyed hundreds of thousands of cars, and banks are significantly boosting their reserves in anticipation of higher defaults on auto loans. But there is also a silver lining for auto lenders.
October 25 -
The company is lending less and issuing smaller securitizations this year, but investors keep flocking to the subprime lender's paper.
October 24 -
JPMorgan Chase reported a rise in value of its mortgage servicing rights despite lower originations in this year's third quarter.
October 12 -
The government-sponsored enterprise is still looking for the right balance between offering a product that's attractive to investors and a cost-effective way to reduce risk.
August 3 -
The Michigan company had fewer gains from loan sales. It also reported an increase in noninterest expenses.
July 25