Banking

August 7, 2017

Consumers Grow Pessimistic About Future

Consumers grew slightly less optimistic in their future this July, however confidence levels remain historically high, according to the Survey of Consumers conducted by the University […]
August 3, 2017

Senior Home Equity Hits All-Time High

Senior homeowners saw an increase in their home equity in the first quarter of 2017, according to a report from the National Reverse Mortgage Lenders Association […]
August 2, 2017

Subprime Auto Defaults are Soaring

It’s classic subprime: hasty loans, rapid defaults, and, at times, outright fraud.  Only this isn’t the U.S. housing market circa 2007. It’s the U.S. auto industry […]
August 1, 2017

Small Business Borrowing Hits 2 Year High

Borrowing by small U.S. companies hit a nearly two-year high in June, driven by restaurants and hotels, PayNet Inc said on Tuesday, as businesses invested to […]
July 31, 2017

Negative Equity Continues Slow & Steady Decline

The U.S. negative equity rate – the share of all homeowners with a mortgage that are underwater, owing more on their home than it is worth […]
July 26, 2017

Foreclosure Filings Down 20% from Year Ago

According to ATTOM Data Solutions’ Midyear 2017 U.S. Foreclosure Market Report the total number of U.S. properties with foreclosure filings during the first half of the […]
July 25, 2017

Rate Hike Prevented 1 Million Americans From Paying Mortgage

A new analysis from TransUnion found that 10.6 million Americans could struggle to absorb their increased monthly payments after the Federal Reserve Board raised interest rates in December, however further examination showed only […]
July 21, 2017

Mortgage Credit Availability at Highest Level since 2016

Credit availability remained historically tight in the first quarter of 2017, but increased slightly from the previous quarter to the highest level since 2016.  The Housing […]