Credit

April 5, 2018

ARMs Have Lower Fraud Risk

Adjustable-rate mortgages (ARM) are likely to offset the increase in application defects in purchase mortgages as rising rates pull consumers away from refinancing, according to the […]
March 26, 2018

Retail Property Loans are Trouble Spot

While delinquency rates for commercial mortgage-backed securities were mostly flat to declining in February compared with January, the troubled retail sector is still a sore spot.  […]
March 23, 2018

How Much Money Do You Need to Be Happy?

An analysis published in Nature Human Behavior used data from the Gallup World Poll to put a price on optimal emotional well-being.  The amount?  Between $60,000 […]
March 21, 2018

Auto Finance Delinquencies Level Off; Volume Up

Serious auto finance delinquencies (60 days or more past due) “plateaued” in the fourth quarter, remaining relatively flat at 1.43% as compared with the prior-year quarter, […]
March 20, 2018

Commercial Property Delinquencies Plummet

The delinquency rate for securitized loans in the commercial real-estate industry has dropped for  8 consecutive months, defying expectations in recent years of a wave of […]
March 19, 2018

Serious Delinquency Rate Hit 11-Year Low

Though early-stage mortgage delinquencies inched up in December, serious delinquency and foreclosure inventory rates declined on an annual basis, according to CoreLogic’s Loan Performance Insights Report. […]
March 16, 2018

Consumers to See More Green This St. Patrick’s Day

Make sure to don green to ensure the “luck o’ the Irish” come March 17.  St. Patrick’s Days ranks among the year’s most popular eating drinking […]
March 14, 2018

Household Debt Rose at Fastest Rate Since 2007

U.S. household debt jumped in the fourth quarter at the fastest pace of this expansion while wealth gains continued amid a rising stock market, underscoring the […]
March 13, 2018

Entry-Level Housing Shortage Pushes Up Prices

With buyers scrambling for homes on anticipated mortgage rate growth, house values continued to rise at the start of the year, making entry-level homes even less […]