Banking

November 13, 2019

Banks Tighten Standards on Credit Cards

Banks are tightening their standards on credit card loans in the third quarter, out of concern with the more uncertain economic outlook, according to the latest […]
November 12, 2019

Overall Delinquency Rate Near 20 Year Low

According to the CoreLogic Loan Performance Insights Report, 3.7% of mortgages were in some stage of delinquency (30 days or more past due, including foreclosure) in […]
November 1, 2019

Two Forces Re-shaped Housing Affordability in 2019

In August, home prices fell 1.3%, declining 5.9% year over year, according to First American’s Real House Price Index. According to First American’s data, unadjusted house […]
October 31, 2019

Halloween Spending to Reach $8.8 Billion

Consumer retail spending around Halloween is expected to be high but fall slightly short of last year’s total, according to the latest survey from the National […]
October 30, 2019

Small Business Lending Strong but Slowing

Volume in the Small Business Administration’s flagship lending program fell for the second straight year as more borrowers qualified for conventional loans. Lenders made $23.2 billion […]
October 25, 2019

September New 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 September was $10 billion, up 18% year-over-year from new […]
October 25, 2019

Commercial delinquencies should remain low despite economic worry

Commercial and multifamily mortgage delinquency rates should stay at historically low levels in the near future even as economic uncertainty over trade affects U.S. businesses, according […]
October 22, 2019

Businesses Struggle to Secure Credit

Small and mid-sized businesses are having a harder time getting credit and that’s having an impact on their plans to hire.  Those are findings of a […]
October 15, 2019

US Household Finances Show Signs of Trouble

US consumers are finding it increasingly difficult for their incomes to comfortably cover all expenses. This could mean that some will be unable to repay their […]