Business

May 3, 2018

Big Banks Stealthily Back Subprime Loans

Despite tough new regulations aimed at lowering risk for banks, large financial institutions continue to find a way to finance subprime loans.  Big Wall Street banks […]
May 2, 2018

Chapter 11 Bankruptcies are Up 63%

New Chapter 11 bankruptcies in the US spiked 63% year-over-year in March to 770 filings, the highest number of filings for any month since April 2011 […]
May 1, 2018

Mortgage Critical Defect Rate Decreases

An increase in the share of refinances drove the first decline in mortgage critical defects in 2017 during the third quarter, according to the Mortgage QC […]
April 30, 2018

Home Sales May Struggle to Rise Above Current Levels

Home sales will struggle to rise above their current levels as housing inventory continues to shrink, according to Freddie Mac’s monthly Outlook for April.  The Outlook […]
April 27, 2018

Homeowners’ Estimates Closer to Appraised Home Values

Homeowners are growing closer to estimating their home’s appraised value, according to the latest Home Price Perception Index from Quicken Loans.  Homeowner estimates came in 0.36% […]
April 26, 2018

Rising Rates Sound Alarm for Debt-Laden Consumers

Americans have a history of loading up on debt in good times, then paying dearly when the bills come due. Adding to the pain: A booming […]
April 25, 2018

Corporate America Picks Up Pace On Lending

U.S. banks are seeing a surge in the number of loans being taken out by corporate America, with new data showing the biggest increase since the […]
April 24, 2018

Foreclosure Starts Rise as Hurricane Impact Lingers

National delinquencies fell in March to a 12-month low, but despite that, the recent hurricanes continue to have a negative effect on foreclosures, according to the […]
April 20, 2018

Millennials Spend 45% of Income on Rent

As rent prices continue to rise, a new study shows Millennials are paying about 45% of their total income toward rent, and pay out close to […]