Business

June 19, 2018

Leasing Business Volume Down 13%

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), showed their overall new business volume for April was $7.9 billion, unchanged year-over-year […]
June 18, 2018

Credit Card Issuers Prepare for Darker Days

A slump in U.S. consumer credit is inevitable, and the key question is when it will arrive.  The answer has big ramifications for the $1 trillion […]
June 13, 2018

Commercial Lending on the Decline

Commercial loan demand — a big driver of profits — is in the dumps. It has been for two years, and there’s no clear sign it […]
June 12, 2018

Mortgage Delinquencies on the Mend

Historically, mortgage delinquencies in the month of April have risen 85% of the time, but April 2018 bucked that trend as they fell, according to Black […]
June 11, 2018

Hurricane Season Could Wreak Havoc on Mortgage Industry

There are almost 7 million coastal homes facing more than $1.6 trillion in potential storm-surge reconstruction expenses this year, representing a 6.6% cost increase from last […]
June 8, 2018

What to Buy in June

Warm weather, wedding season, and hurricane season all bring discounts in June. Consumers will also find continuing sales on some items that were good deals in […]
June 7, 2018

Mortgage Application Fraud Risk Down Nearly 20%

The ability-to-repay (ATR) standard is responsible for the reduction in loan application defects over the past four years, according to First American Financial Corp.  For April, […]
June 5, 2018

Some Cities Still Deluged with Underwater Mortgages

First, the good news: The share of American homeowners who owe more on their mortgages than their homes are worth is a lot less than it […]
May 31, 2018

The Next Recession by 2020?

A recession is on the horizon, according to many experts, and could show its face as soon as the end of this decade.  Nearly half of […]