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Oil Soars as OPEC Agrees to Cut Output
Oil Soars as OPEC Agrees to Cut Output
Financial Regulation
Steven Cohen, SAC Reach $135 Million Insider-Trading Settlement
U.S. Stocks End Month With Gains
U.S. Stocks End Month With Gains
Treasury Choice Steven Mnuchin Vows to ‘Strip Back’ Dodd-Frank
Treasury Choice Steven Mnuchin Vows to ‘Strip Back’ Dodd-Frank
Goldman Operating Chief Gary Cohn Weighing Future at Firm
Goldman Operating Chief Gary Cohn Weighing Future at Firm
Numbers Don’t Add Up for Trump’s Trillion-Dollar Building Plan
Numbers Don’t Add Up for Trump’s Trillion-Dollar Building Plan
Payday Lenders: Regulators Are Forcing Banks to Cut Us Off
Payday Lenders: Regulators Are Forcing Banks to Cut Us Off
Banco Popular Faces Threat as Spain’s ‘Most Italian Bank’
Banco Popular Faces Threat as Spain’s ‘Most Italian Bank’
Trader Don Wilson Faces Potential Lifetime Ban as Trial Begins
Trader Don Wilson Faces Potential Lifetime Ban as Trial Begins
AppNexus Files Confidentially for IPO
AppNexus Files Confidentially for IPO
Merrill Lynch Penalized $7 Million by Regulators
Merrill Lynch Penalized $7 Million by Regulators
RBS Must Add $2.5 Billion in Capital After Failing BOE Stress Test
RBS Must Add $2.5 Billion in Capital After Failing BOE Stress Test
Chicken Price Report Halted Amid Scrutiny
Chicken Price Report Halted Amid Scrutiny
SEC Again Criticizes Valeant Over Non-GAAP Financial Measures

Auto Loans Get Even Dicier

Record numbers of shoppers are trading in cars while still underwater on their loans

By

After a yearslong boom in lending, signs of trouble are popping up in auto loans.

In the past few weeks, some auto lenders have warned that default rates are creeping up. Used-car prices are also falling faster than many anticipated, leading to lower recovery amounts when borrowers do default.

The latest stress signal comes from auto...

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