Credit

September 18, 2018

Mortgage Fraud at Highest Level Since Recession

Mortgage fraud risk has hit its highest level in seven years, according to new data from CoreLogic.  The report shows a 12.4% year-over-year increase in fraud […]
September 13, 2018

Auto Lending Delinquencies Fall

Automotive loan amounts and monthly payments continue to reach new highs, while delinquency rates are improving, according to analysis from Experian. Outstanding loan balances hit a […]
September 12, 2018

Tappable Equity Hits All-Time High

The amount of home equity accessible to America’s 44 million homeowners has surpassed $6 trillion – the highest level in history. Now, Americans have three times […]
September 11, 2018

Housing Sentiment Buoyed by Job Outlook

Housing sentiment moved up for the first time since May, according to the August 2018 Home Purchase Sentiment Index (HPSI) from Fannie Mae.  The HPSI was […]
September 7, 2018

CMBS Delinquency Rate Declines

Delinquencies for loans securing commercial mortgage-backed securities continued to decline, although they are still well above rates for other types of investors, according to data compiled […]
August 30, 2018

Back-To-School Spending to Reach $83.6 Billion

With consumer confidence rising and more young people in school, back-to-college spending is expected to hit an all-time high this year.  The National Retail Federation also […]
August 29, 2018

Americans Have More Debt Than Ever Before

According to the Federal Reserve Bank of New York’s Center for Microeconomic Data, increases in mortgage debt, auto loan debt, and credit card debt have resulted […]
August 27, 2018

Overhaul Boosts Consumers’ Credit Scores

According to a recent Federal Reserve Bank of New York study, American consumers, (especially those with low credit scores) appear to have benefited in recent quarters […]
August 24, 2018

Americans’ Biggest Financial Worry is Retirement Savings

Saving for retirement is Americans’ biggest financial worry, according to a survey by Bankrate.com. Younger Baby Boomers, those between the ages of 54 and 63, and […]