Banking

April 6, 2017

Bank Card and Mortgage Defaults Tick Upward

Data from the recent S&P/Experian Consumer Credit Default Indices report shows the composite rate up two basis points from last month at 0.94% in February. The […]
April 5, 2017

Tappable Equity Hits 10-Year High

An annual home price appreciation of 5.5% during 2016 helped to increase the number of mortgage holders with tappable equity to 39.5 million, according to new […]
April 4, 2017

Prime Target: Cybercriminals Set Sights on Tax Pros

According to security experts, tax preparers are a special target for cybercriminals.  Tax preparers make perfect targets because their hard drives hum with “personal identifiable information” – […]
April 3, 2017

The Housing Crisis: 10 Years Later

CoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years leading up to the crisis all the way […]
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 […]