Business

November 6, 2018

Multifamily/ Commercial Mortgage Lending Hits New High

High property values and low mortgage rates pushed commercial and multifamily originations beyond their projected totals in 2017 to a new market peak, according to the […]
November 5, 2018

Mortgage Delinquencies See Largest Monthly Spike in 10 Years

Mortgage delinquencies surged in September, bringing the largest single-month delinquency spike in a decade, according to the latest First Look data report from Black Knight.  Mortgage […]
November 2, 2018

New FICO Model Could Boost Millions of Credit Scores

Experian, FICO and Finicity announced a new credit scoring model that could expand credit access for millions of Americans.  The new model, UltraFICO, would look at […]
November 1, 2018

Weakening Credit Conditions Put Mortgage Lending at Risk

Credit ratings agency, Moody’s Investors Service, just released a report citing deterioration in overall loan quality in the mortgage lending market.  The analysts there think the […]
October 31, 2018

By the Numbers: Halloween 2018

Once again, Americans are looking forward to splurging on their favorite candy, costumes and decorations during the Halloween season. According to the National Retail Federation’s annual […]
October 30, 2018

What do Bankers Fear This Halloween Season?

By most accounts, the banking industry is in great shape. The economy is humming, last year’s tax break provided a boost to profits, and President Trump’s […]
October 22, 2018

Low Unemployment Rates Push Mortgage Defaults Lower

The mortgage delinquency rate fell to a 12-year low, with declines expected to continue as the unemployment rate stays down, according to CoreLogic. About 4.1% of […]
October 19, 2018

Recession Risk is Currently ‘Below Average’

The U.S. economic expansion is probably only in its middle stages, with the chances of a recession in the next three years at a “below average” […]
October 18, 2018

Hurricane Aftermath: The Impact on the Real Estate Market

Hurricane Michael made landfall Wednesday, ravaging the Florida panhandle and leaving significant devastation in its wake as wind gusts surpassed 150 mph.  The storm, which was just […]