Banking

June 7, 2018

Mortgage Application Fraud Risk Down Nearly 20%

The ability-to-repay (ATR) standard is responsible for the reduction in loan application defects over the past four years, according to First American Financial Corp.  For April, […]
June 6, 2018

Student Loan Defaults Increase 109% Since 2013

America has reached a new economic milestone of $1.52 trillion. This represents America’s total outstanding student loan debt as of March 2018 according to the new […]
June 5, 2018

Some Cities Still Deluged with Underwater Mortgages

First, the good news: The share of American homeowners who owe more on their mortgages than their homes are worth is a lot less than it […]
May 31, 2018

The Next Recession by 2020?

A recession is on the horizon, according to many experts, and could show its face as soon as the end of this decade.  Nearly half of […]
May 30, 2018

CMBS Delinquency Rate Hits Lowest Level in 2 Years

Thanks to more distressed legacy loans being resolved away (and new performing loans being issued in their place), the overall Trepp CMBS Delinquency Rate resumed its […]
May 29, 2018

Cybersecurity Attacks on the Rise

A majority of organizations saw an increase in cyber security challenges in the past year and many experienced at least one incident, according to a new […]
May 23, 2018

Mortgage Delinquencies Improve But Face Pressure

Late payments on single-family home mortgages improved on a consecutive quarter basis as more recovery from Hurricanes Harvey and Irma took hold, but more potential loan […]
May 22, 2018

March Equipment Leasing Business Volume Up 18%

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed their overall new business volume for March was $9.1 billion, up 2% […]
May 16, 2018

Credit Card Usage Hits All-Time High

Credit card use is higher than ever, debt levels are their highest in years, and delinquencies have ticked up, according to recently released TransUnion data.  “With […]