budget

April 26, 2016

Banks Consolidate; Local Lenders Vanish

Where have all the bankers gone?  The continental lenders, with their corner branches – Wells Fargo and PNC, Citizens, TD and Bank of America – still compete with JPMorgan Chase, Capital One, and other branchless brands […]
April 25, 2016

March Bankruptcy Filings Show Decline from 2015

Total U.S. bankruptcy filings continue to decline year-over-year, falling 5% in the first calendar quarter (Jan. 1 – March 31) of 2016 from the same period […]
April 22, 2016

The Wealthy Outlive Poor in Certain Areas

The poor in some cities – big ones like New York and Los Angeles, and smaller ones like Birmingham, Ala. – live nearly as long as […]
April 20, 2016

Delinquencies Decline as Economy Improves

The number of seriously delinquent mortgages reached its lowest level in over 8 years, helped by new job creation and higher wages, CoreLogic reported.  The national […]
April 18, 2016

Can’t Pay Your Tax Bill?

Today is Tax Day.  Thanks to Emancipation Day falling on a Saturday this year, we were lucky enough to have a 3-day extension until April 18th.  […]
April 15, 2016

What is Emancipation Day?

This year, the whole country might finally learn about Emancipation Day – a D.C. holiday that is little known beyond the city.  The holiday, which marks […]
April 13, 2016

Commercial/Multifamily Originations Rise to $504B

Commercial and multifamily originators closed $504 billion in loans last year, according to the Mortgage Bankers Association.  The MBA’s Commercial Real Estate/Multifamily Finance Annual Origination Volume […]
April 12, 2016

Low-Income Families’ Budgets are Stretched to the Limit

Low-income Americans are experiencing a staggering price hike in housing costs – a change that makes it sometimes impossible to afford basic necessities.  A new Pew Charitable […]
April 11, 2016

Consumer Delinquencies Fall Below Historic Levels

Rising home values continue to provide consumers with a strong incentive to keep up with their home equity loan payments.  According to the American Bankers Association’s […]