budget

November 14, 2016

How Will Trump’s Win Affect the 2017 Mortgage Industry?

Rising interest rates will trigger a downturn in refinance activity in 2017, while purchase originations will rise, according to the Mortgage Bankers Association’s most recent industry […]
November 11, 2016

33% of Rehabbed Student Loans to Go Back Into Default

A new report by the Consumer Financial Protection Bureau, found that 1 in 3 student-loan borrowers with very low incomes who have “cured” a loan in […]
November 10, 2016

Has Auto Lending Lost Its Luster?

Regulators have been warning about frothy conditions in the market for automobile loans. But things had to hit close to home – shrinking loan yields and […]
November 9, 2016

Consumer Become Pessimistic on Economy/Housing

Home purchase sentiment fell for the third straight month in October, reflecting the uncertainty consumers face, according to Fannie Mae.  Fannie Mae reported that its Home […]
November 4, 2016

What to Buy in November

To buy or not to buy in November? That’s the big question as the biggest shopping season of the year kicks off. Between Black Friday and […]
November 2, 2016

Foreclosure Rate Falls to 9-Year Low

The percentage of foreclosed mortgages reached its lowest point in nine years, according to Black Knight Financial Services’ September First Look report.  The presale foreclosure rate […]
October 31, 2016

A Treat for Economy: Higher Halloween Sales

Halloween spending is expected to top $8.4 billion this year, according to the National Retail Federation (NRF), the most since tracking began 11 years ago.  Its […]
October 24, 2016

Consumer Delinquencies Hit New Low

Consumer delinquencies fell last quarter to their lowest point in at least 15 years, according to quarterly data released by the American Bankers Association (ABA).  The […]