Business

August 22, 2016

What is ‘Negative Wealth?’

Most people have some debt – payments to make, loans to pay back. But for some Americans, debt has gotten to an extreme and dire level: […]
August 18, 2016

Banks Team Up to Fight (Cyber) Crime

Big banks are revving up efforts to combat cybercriminals targeting the financial-services industry.  Eight of the largest U.S. banks are forming a group that seeks to […]
August 17, 2016

Home Purchase Sentiment Index at All-Time High

Fannie Mae recently reported  that the Home Purchase Sentiment Index rose 3.3 points in July to 86.5, an all-time survey high. An increase in the survey […]
August 15, 2016

Commercial Mortgage Market Still Volatile

Lenders already beset by several issues, including economic and political uncertainty and regulatory pressure to pull back from the commercial real estate market, will be required […]
August 12, 2016

What to Buy in August

August is all about back-to-school deals. Even frugal shoppers without school-age kids can find big discounts this month on items such as electronics and office supplies. […]
August 10, 2016

Delinquent FHA Loans Strain Mortgage Industry

An estimated 25% of all outstanding mortgages that were seriously delinquent at the end of the first quarter of this year were insured by the FHA, […]
August 9, 2016

Housing Recovery Still Far From ‘Normal’

Home sales rose to their highest level since before the financial crisis and were 25% higher than a year earlier, according to the Census Bureau.  But […]
August 8, 2016

Democrats and Republicans Differ on Housing

The Democratic and Republican platforms adopted at this year’s party conventions take a more forward-looking approach to housing issues than they did four years ago. But […]
August 4, 2016

Banks Tighten Auto Loan Standards

Bankers continued tightening credit for business loans and auto loans in the last three months while they continued to ease credit standards slightly in their home […]