December 23, 2019
December 23, 2019
U.S. consumers might have their pick of employment in today’s robust job market, but that doesn’t mean everyone is getting financed for a car. A Federal […]
December 19, 2019
December 19, 2019
Loan defect risk in purchase applications stopped falling and plateaued in October, according to First American Financial Corp.’s latest report. “Defect risk for purchase transactions broke […]
December 18, 2019
December 18, 2019
The percentage of recent mortgage borrowers with subprime credit scores still resides in the single digits, but nearly doubled what is was in 2013, according to […]
December 17, 2019
December 17, 2019
The percentage of home loans with late payments is unlikely to fall much further in 2020 when mortgages made to lower credit-score borrowers could rise slightly, […]
December 10, 2019
December 10, 2019
U.S. household debt rose to a record $14 trillion in the third quarter, led by an increase in mortgage loans, according to the Federal Reserve Bank […]
November 21, 2019
November 21, 2019
The Federal Reserve’s Senior Loan Officer Opinion Survey showed more demand for consumer credit and mortgages in the third quarter and a softening in demand for […]
November 20, 2019
The third-quarter delinquency rate fell to its lowest point since 1995, according to the Mortgage Bankers Association. However, Attom Data Solutions’ numbers show foreclosure filings experienced […]
November 19, 2019
U.S. consumers are doing fine, but they don’t look like the force they were earlier in the year. Retail sales rose 0.3% in October from a […]
November 15, 2019
November 15, 2019
Whether a recession is on the horizon or not is anyone’s guess. However, according to the latest CNBC Invest in You survey, two-thirds of respondents think […]