Banking

March 30, 2017

Auto Finance Fraud Could Hit $6 Billion

PointPredictive, a provider of fraud solutions to banks and finance companies, details a new analysis confirming that auto financing fraud risk has been rising for several […]
March 24, 2017

Foreclosure Activity Hits 11-Year Low

Foreclosure activity dropped in February to an 11-year low, according to new data from ATTOM Data Solutions.  This decrease marks the lowest point since November 2005, and […]
March 23, 2017

Justice Department Declares CFPB ‘Unconstitutional’

The case of of PHH Corporation vs. Consumer Financial Protection Bureau just took a turn that is simultaneously shocking and completely expected at the same time.  In a major reversal, the Justice […]
March 22, 2017

Builder Confidence at Highest Level in 12 Years

Builder confidence in the market for newly-built single-family homes jumped six points to a level of 71 on the National Association of Home Builders/Wells Fargo Housing […]
March 20, 2017

Consumer Sentiment Rises to New High

Consumer confidence rose in March as Americans were more satisfied than any time in 16 years with the current state of their finances and the economy, […]
March 17, 2017

Luck of the Irish Will Bring “Gold” to Retailers

Americans will spend more than ever as they put on their favorite green outfits to celebrate St. Patrick’s Day this year, the National Retail Federation said […]
March 16, 2017

Average Mortgage Loan Size Hits All-Time High

The average loan size for purchase mortgage applications hit an all-time high last week, according to the latest data from the Mortgage Bankers Association.  The MBA’s Weekly […]
March 15, 2017

Retirees Will Influence Future Consumer Spending

Major demographic shifts over the next decade will have a dramatic affect on U.S. consumer spending – which in turn will influence the overall economy, specific […]
March 14, 2017

Millennials Locked Out of Housing Market Again

For quite some time, we’ve heard that Millennials have put off buying a home.  These reasons include student debt load, tighter lending standards, and simply not wanting […]