Banking

August 30, 2017

Equipment Finance Confidence Up in August

The Equipment Leasing & Finance Foundation recently released the August 2017 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI).  Overall, confidence in the $1 trillion […]
August 29, 2017

Auto and Mortgage Loan Defaults at Lowest Level in Decade

Despite a slight increase in July, the default rate for first mortgage loans still sits at its lowest point in the last 10 years, according to […]
August 28, 2017

Auto and Mortgage Loan Defaults at Lowest Level in Decade

Despite a slight increase in July, the default rate for first mortgage loans still sits at its lowest point in the last 10 years, according to […]
August 28, 2017

Mortgage Delinquencies Hit New Post-Recession Low

Mortgage delinquencies are continuing to fall, hitting a new low in the second quarter, a recent report from TransUnion showed.  This confirms reports from S&P Dow Jones Indices […]
August 25, 2017

Consumer Confidence Rises to Highest Level Since January

Consumers became more confident during the first half of August than at any point since January, according to the Survey of Consumers conducted by the University of […]
August 24, 2017

Banks Cut Back on Risky Lending

For the first time since 2012, lenders are making fewer subprime loans, according to a new report from TransUnion.  Subprime loans are those made to consumers with […]
August 23, 2017

14 Million Homeowners Now “Equity Rich”

Home equity is growing as home prices rise across the U.S., and the number of equity-rich properties increased by 1.6 million from last year, according to […]
August 21, 2017

Young Women Have Better Credit Scores Than Men

A recent Lending Tree survey found points of major disparity in the responses from men and women regarding debt and personal financial health.  The survey’s findings […]
August 18, 2017

2017 Back-to-School Spending to Reach $83.6 Billion

With consumer confidence rising and more young people in school, back-to-college spending is expected to hit an all-time high this year while back-to-school spending is expected […]