Banking

August 8, 2016

Democrats and Republicans Differ on Housing

The Democratic and Republican platforms adopted at this year’s party conventions take a more forward-looking approach to housing issues than they did four years ago. But […]
August 5, 2016

Zombie Houses Still Haunt New Jersey Neighbors

A decade after the housing market began its slide into the worst downturn in generations, New Jersey still has about 4,000 homes left empty because of […]
August 4, 2016

Banks Tighten Auto Loan Standards

Bankers continued tightening credit for business loans and auto loans in the last three months while they continued to ease credit standards slightly in their home […]
August 3, 2016

Demand for Loans Inching Up; Standards Tighten

The July Federal Reserve Senior Loan Officer Survey shows that banks tightened standards on commercial and industrial (C&I) and commercial real estate (CRE) loans in the second […]
August 2, 2016

Commercial Mortgage Delinquencies Jump in June

Late payments on securitized commercial mortgages moved noticeably higher in June, as several large loans failed to pay off at maturity.  It was the fourth straight […]
July 29, 2016

Back to School: Get Schooled in Savings

The National Retail Federation’s 2015 Back-to-School Spending Survey found that families are planning to spend an average of $673.57 this year on clothing, electronics and school supplies […]
July 26, 2016

Banks Design Apps for Non-Customers

A couple of financial institutions have recently created mobile apps available to anyone as a way of engaging with people through their phones. The institutions are […]
July 22, 2016

4 Tips to Beat Elderly Financial Fraud

It’s not hard to sniff out how swindlers prey upon the elderly. They know they respond to mail, phone and front-door solicitations. Older people like to […]
July 21, 2016

The Biggest Threat to Data Security?

Chief information security officers at U.S. banks say their top priority is keeping data of all kinds (customer, employee, credit, performance, you name it) safe from […]