Credit

March 12, 2019

Negative Equity Spikes in 4Q 2018

U.S. homeowners with mortgages increased their equity by an average $9,700 between the fourth quarter of 2017 and one year later.  Data from CoreLogic reveals that […]
March 5, 2019

Mortgage Fraud Risk Jumps 4.6%

In January, declining mortgage rates mixed with higher loan applications led to more risk of fraud and other errors in the home loan applications, according to […]
March 1, 2019

Over 75% of Economists Predict a Recession by 2021

More than three-quarters of business economists expect the U.S. to enter a recession by the end of 2021, though a majority still estimate the Federal Reserve […]
February 28, 2019

American Household Debt at Record High

Americans faced record levels of debt at the end of 2018, with the amount owed by households rising for an eighteenth consecutive quarter. According to the […]
February 27, 2019

The Housing Market: 2009 vs. 2019

The housing market significantly weakened in the wake of the Great Recession, an economic downturn so dramatic that home values were slashed, origination volumes slowed and […]
February 26, 2019

FinTechs Lead Banks in Personal Lending

FinTechs, not traditional banks, appear to be preferred method of taking out unsecured personal loans in the U.S., with the market hitting an all-time high last […]
February 20, 2019

Recession Risk Rises to 25% in New Poll

There is a one-in-four chance of a U.S. recession in the next 12 months, a scenario that should keep the Federal Reserve from raising interest rates […]
February 19, 2019

Mortgage Delinquencies Plummet to 18-Year Low

Mortgage delinquencies in the fourth quarter were at their lowest level in nearly 19 years, helped by wage growth, low household debt and low unemployment. According […]
February 5, 2019

Mortgage Defect Risk Rises to 4-Year Peak

In December, defect risk continued to rise across the country, according to the latest First American Loan Application Defect Index. According to the report, the frequency […]