Business

October 14, 2016

Presidential Candidates Need to Focus on Housing

Hillary Clinton and Donald Trump should face more questions about housing policy according to Fannie Mae CEO Tim Mayopoulos.  While Mayopoulos declined to endorse any political […]
October 12, 2016

Commercial Mortgage Delinquencies Begin to Rise Again

Late payments on securitized commercial mortgages reversed course in September and resumed a climb that began in March, according to Trepp.  The delinquency rate for U.S. […]
October 10, 2016

Home Loan Modifications on the Decline

Loan modification activity fell again on a monthly basis, but there are still several states where borrowers need assistance, according to the Hope Now alliance.  Hope […]
October 7, 2016

Making Gains: Rising Values Help Underwater Homeowners

About 548,000 U.S. homeowners regained equity in the second quarter, bringing the percentage of homes with positive equity to 92.9% of all mortgaged properties, or approximately […]
October 6, 2016

Household Income Grew 5.2% in 2015

Americans last year reaped the largest economic gains in nearly a generation as poverty fell, health insurance coverage spread and incomes rose sharply for households on […]
October 5, 2016

Trucking Is Growth Business for Leasing

New business volume grew 12.4% in the equipment finance industry in 2015, according to the 2016 Survey of Equipment Finance Activity (SEFA) released by the Equipment […]
October 4, 2016

Survey: Election Outcome is Economy’s Big Threat

What the majority of Americans fear most about the upcoming presidential election is the election itself — and that might be the scariest part of all.  […]
September 30, 2016

Halting Online Fraud with Selfies?

MasterCard plans to launch new biometric technology for verifying customer identities during online shopping transactions in the coming weeks with merchants and banks. The company has been testing […]
September 29, 2016

Labor Day Week Sees Uptick in Mortgage Applications

Homebuyers jumped back into the market after Labor Day, filing applications for mortgages at a far faster pace than in previous weeks.  Total mortgage application volume […]