April 17, 2019
Consumer credit delinquencies were mixed in the fourth quarter, with delinquencies falling in six of the 11 categories tracked by ABA. However, the American Bankers Association’s […]
April 16, 2019
April 16, 2019
Commercial and multifamily lenders had another banner year in 2018, when closed-loan originations rose 8% to a high of $574 billion. “Borrowing and lending backed by […]
April 15, 2019
April 15, 2019
Sound underwriting coupled with family-income and home-price growth have helped push mortgage delinquency rates down. According to CoreLogic’s TrueStandings data, at the end of 2018 the […]
April 12, 2019
April 12, 2019
Despite slowing home price growth, 74% of millennials make financial concessions to afford housing. By comparison, only 40% of older generations make these sacrifices, according to CoreLogic. Overvalue […]
April 11, 2019
In January 2019, 4% of home mortgages were in some stage of delinquency, down from 4.9% a year earlier and the lowest for the month of […]
April 10, 2019
In the weeks following the largest one-week decline in a decade, mortgage interest rates remained virtually stagnant, according to the latest Freddie Mac Primary Mortgage Market […]
April 9, 2019
The collective amount of equity available for homeowners to tap reached a record high last year, climbing above $6 trillion as home prices continued to appreciate […]
April 2, 2019
As the housing market becomes more competitive, homebuyers are increasingly pressured to seek out larger loans – leading some to misrepresent their income on loan applications. […]
March 29, 2019
March 29, 2019
According to the American Institute of CPAs (AICPA), running out of retirement savings is a top concern among retirees. Healthcare costs and maintaining lifestyle are the […]