Consumer lending

The Detroit automaker's lending arm is teaming up with a peer-to-peer car-sharing app — a move that could foreshadow changes in how the industry underwrites auto loans.

Regulators in New York plan to crack down on high-interest loans made to military service members by closing a critical loophole.

Residential mortgage loans in active foreclosure that are at least two years delinquent experienced large gains in the last seven months, according to a new report.

WASHINGTON — Three of the nation's largest indirect auto lenders are poised to limit discretionary pricing for dealers after regulators accused them of allowing partners to mark up loans at higher rates to minorities, according to confidential documents.

A New York City law regulating collections doesn’t have more power than the state's authority to regulate the industry, the New York Court of Appeals ruled Tuesday.

More than a year after a collection operation settled charges of extorting payments, the Federal Trade Commission is mailing nearly 95,000 checks totaling approximately $4 million to consumers who lost money in the scam.

California Republic Bancorp in Irvine has securitized and sold $390 million in notes backed by prime automobile loans.

JPMorgan Chase will overhaul customer screening procedures to let more low-income consumers open checking and savings accounts under an agreement announced Tuesday with New York Attorney General Eric Schneiderman.

Total mortgage origination balances hit $466 billion in the first quarter, a 74.4% increase from the same time a year ago, according to the latest Equifax National Consumer Credit Trends Report.

PRA Government Services, an arm of debt-buying giant PRA Group, has launched an interactive tool designed to aid the understanding of complex city and county budgets.