Banking

June 4, 2019

Mortgage Application Fraud Risk Declines

The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications during April decreased by 4.2% from March, according to new data […]
May 31, 2019

Consumer Confidence on the Rise

American optimism about the economy continued to recover in May, following a dip earlier this year, according to a monthly barometer of consumers’ mood.  The Conference Board […]
May 30, 2019

Americans Still View Housing as Good Investment

A majority of Americans (65%) think it is still a good idea to invest in a home, according to the latest survey of consumer expectations of […]
May 7, 2019

Banks Hold On to Riskier Credit Card Loans

The credit card loans that banks bundle into bonds and sell to investors are outperforming the loans that lenders have held onto, according to a recent […]
May 2, 2019

Most Insurers Believe a Recession is Looming

Most insurers believe that the U.S. will enter an economic recession sometime within the next two years, according to the latest annual Goldman Sachs Asset Management […]
April 30, 2019

Credit Card Charge-Offs Rise

Red flags are flying in the credit-card industry after a key gauge of bad debt jumped to the highest level in almost seven years. The charge-off […]
April 17, 2019

Credit Card and Auto Loan Delinquencies Spike

Consumer credit delinquencies were mixed in the fourth quarter, with delinquencies falling in six of the 11 categories tracked by ABA. However, the American Bankers Association’s […]
April 16, 2019

2108 Set New Record for Commercial Real Estate/Multifamily Lending

Commercial and multifamily lenders had another banner year in 2018, when closed-loan originations rose 8% to a high of $574 billion. “Borrowing and lending backed by […]
April 15, 2019

Consumer Credit Delinquencies on the Rise

Sound underwriting coupled with family-income and home-price growth have helped push mortgage delinquency rates down.  According to CoreLogic’s TrueStandings data, at the end of 2018 the […]