Credit

March 16, 2016

First Mortgage Debt Jumps to $8.3 Trillion

The total balance of outstanding first mortgages in January jumped to more than $8.3 trillion, an increase of 2.1% year-over-year, according to data from the February […]
March 15, 2016

What Banks Can Learn From the IRS Data Breach

The IRS recently acknowledged that the number of taxpayers whose information has been stolen by hackers through its systems is 724,000 – more than double the […]
March 14, 2016

Millennial Home Buyers Choose Suburbs

Cities may be the top choice for millennials who rent apartments, but young home buyers are moving in droves to the suburbs, where prices are lower and […]
March 14, 2016

U.S. Housing Market Stirs Excitement

Recent economic data and corporate earnings reports make it easy to remember why the housing market is expected to be one of the U.S. economy’s bright spots for […]
March 11, 2016

States With the Most Household Debt

Total U.S. household debt continued to climb in the fourth quarter of 2015. According to the Federal Reserve Bank of New York’s Quarterly Report on Household […]
March 10, 2016

Consumer Bankruptcy Filings Down; Commercial Filings Up

Total U.S. bankruptcy filings decreased just 1% in February from the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled […]
March 9, 2016

5 Best U.S. Counties to Be a Banker

Since deposits are the starting point of a good banking relationship, you might look to do business in 1 of the 5 states with the highest […]
March 8, 2016

Suburbanites Opt to Rent Rather Than Own

In the American imagination, suburbs are places to buy a house and put down roots. But a growing percentage of suburbanites rent, according to a new […]
March 7, 2016

Some Advisers Aren’t Reporting Cyber Breaches

Many advisory firms are playing with fire by failing to report to regulators cybersecurity breaches, both big and small, experts say.  “What we see firms are […]