March 10, 2020
March 10, 2020
U.S. consumer sentiment figures for February came in higher than expected despite the recent outbreak of the coronavirus. Consumer sentiment rose to 101.0 in February, nearly matching […]
March 9, 2020
March 9, 2020
American households added $193 billion of debt in the fourth quarter, driven by a surge in mortgage loans, and overall debt levels rose to a new […]
March 6, 2020
TrueCar, Inc.’s data and analytics subsidiary, ALG, project total new vehicle sales will reach 1,373,516 units in February 2020, up 0.2% from a year ago when […]
March 5, 2020
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed their overall new business volume for January was $9.2 billion, up 28% […]
March 4, 2020
March 4, 2020
The average U.S. FICO score hit a record high of 703 in 2019, driven by Americans in their 30s, as a strong labor market helped people […]
March 3, 2020
March 3, 2020
Single-family home sales rose 7.9% to a 764,000 annualized pace in January, exceeding the median estimate in a Bloomberg survey. The December figure was also revised […]
February 28, 2020
For the first time in 15 years, fewer than 2 million mortgaged properties lie in default or foreclosure status as of the end of January, according […]
February 27, 2020
February 27, 2020
Consumer credit delinquencies were mixed in the third quarter of 2019, with delinquencies rising for the composite index of closed-end loans, according to the American Bankers […]
February 25, 2020
Higher home prices play a double-edged sword, reducing affordability and contributing to lenders’ deciding to ease underwriting. However, they can also help delinquent borrowers become current […]