Banking

June 15, 2017

Homeowner Equity On the Rise

Homeowner equity increased significantly in the first quarter of 2017, according to the Q1 2017 home equity analysis from CoreLogic.  Homeowners with a mortgage, about 63% of […]
June 14, 2017

Is the New Household Debt Record Cause for Concern?

Last month, the New York Federal Reserve reported that household debt across the nation has hit a dubious milestone in the first quarter: It surpassed the […]
June 13, 2017

New Home Sales Less Than Half of Historical Norms

The current level makes up 88.3% of the 50-year average, according to a report from Trulia. However, new home sales are unable to keep up with the […]
June 12, 2017

Banks See Slower Loan Growth, Higher Charge-Offs

FDIC-insured banks reported that the pace of loan growth slowed in the first quarter and that charge-offs on loans to individuals increased. But banks still recorded […]
June 9, 2017

Beige Book: Slower Growth, Less Optimism

Economic growth slowed across parts of the U.S. in recent weeks, and some firms have become a bit less optimistic about the future, according to a […]
June 8, 2017

Foreclosure Activity Hits Post-Recession Low in April

ATTOM Data Solutions released its April 2017 U.S. Foreclosure Market data, which shows foreclosure filings – default notices, scheduled auctions and bank repossessions – were reported […]
June 7, 2017

Mortgage Origination Volume Falls 34%

Mortgage origination volume fell 34% in the first quarter compared with the fourth quarter, driven mainly by a 45% drop in refinances, according to Black Knight Financial […]
June 6, 2017

73% of Americans Have Financial Regrets

Nearly 3-in-4 U.S. adults have financial regrets, according to a new Bankrate.com report. The most common is not saving for retirement early enough, followed by not […]
June 5, 2017

Home Prices Not Back To Pre-Crisis Levels

Home prices increase a little more each month, even hitting new peaks in many markets, yet experts insist they are not back at bubble-era levels.  The […]