Banking

October 12, 2016

Commercial Mortgage Delinquencies Begin to Rise Again

Late payments on securitized commercial mortgages reversed course in September and resumed a climb that began in March, according to Trepp.  The delinquency rate for U.S. […]
October 11, 2016

Low Rates Support Improving Housing Markets

Low interest rates are keeping the housing market strong even as affordability keeps declining, according to the latest Freddie Mac Multi-Indicator Market Index (MiMi).  July’s index […]
October 10, 2016

Home Loan Modifications on the Decline

Loan modification activity fell again on a monthly basis, but there are still several states where borrowers need assistance, according to the Hope Now alliance.  Hope […]
October 7, 2016

Making Gains: Rising Values Help Underwater Homeowners

About 548,000 U.S. homeowners regained equity in the second quarter, bringing the percentage of homes with positive equity to 92.9% of all mortgaged properties, or approximately […]
October 4, 2016

Survey: Election Outcome is Economy’s Big Threat

What the majority of Americans fear most about the upcoming presidential election is the election itself — and that might be the scariest part of all.  […]
October 3, 2016

What to Buy in October

When it comes to shopping, October is an odd month sitting smack in the middle of the back-to-school frenzy and the holiday extravaganza. But there are […]
September 30, 2016

Halting Online Fraud with Selfies?

MasterCard plans to launch new biometric technology for verifying customer identities during online shopping transactions in the coming weeks with merchants and banks. The company has been testing […]
September 29, 2016

Labor Day Week Sees Uptick in Mortgage Applications

Homebuyers jumped back into the market after Labor Day, filing applications for mortgages at a far faster pace than in previous weeks.  Total mortgage application volume […]
September 28, 2016

Seniors Prefer Non-Digital Communication from Banks

According to the Pew Research Center, 4 in 10 U.S. adults over the age of 65 don’t use the internet at all.  Some older customers may simply […]