Business

November 8, 2016

Election Day 2016: Facts & Figures

Many Americans will be heading to the polls at some point today to cast ballots on the first Tuesday after the first Monday of November. So […]
November 7, 2016

Mortgage Industry Offers Lackluster Support to Candidates

Democratic presidential nominee Hillary Clinton is far outpacing her Republican rival Donald Trump in campaign contributions from mortgage bankers and brokers, but the industry’s lackluster donation […]
November 1, 2016

Banks/Retailers Need Protection Against Everyday Devices

Security experts fear the big cyberattack that debilitated Twitter, PayPal, Netflix, and dozens of other companies last week could be a precursor to a larger assault that […]
October 31, 2016

A Treat for Economy: Higher Halloween Sales

Halloween spending is expected to top $8.4 billion this year, according to the National Retail Federation (NRF), the most since tracking began 11 years ago.  Its […]
October 24, 2016

Consumer Delinquencies Hit New Low

Consumer delinquencies fell last quarter to their lowest point in at least 15 years, according to quarterly data released by the American Bankers Association (ABA).  The […]
October 21, 2016

New Home Mortgage Apps Rise 3% in September

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2016 shows mortgage applications for new home purchases increased 3% relative to September 2015. […]
October 19, 2016

Americans Fall Behind on Car Loan Payments

Subprime borrowers are falling behind on their car loan payments at the highest rate in more than six years, and some bonds backed by these loans […]
October 17, 2016

Existing Homes Fall to 7-Month Low

Contracts to purchase previously owned homes fell to a seven-month low in August, held back by a tight supply in the housing market, according to a […]