Credit

October 7, 2015

Credit Woes Linger: Bad Loans Above Pre-Crisis Levels

The banking industry continues to sit on a mountain of problematic loans 7 years after the onset of the financial crisis.  Credit quality is substantially better […]
October 5, 2015

Sub-prime Mortgages Continue to Climb

Mortgage originations to those with subprime credit scores continued to climb steadily over the first 5 months of 2015, according to data from the latest Equifax […]
October 2, 2015

Health Insurance Deductibles Outpacing Wage Increases

It may not seem like much – just an extra hundred dollars or so a year.  But the steady upward creep in health insurance deductibles has easily […]
October 1, 2015

What You Need to Know About EMV Cards

There’s a chicken-and-egg problem with today’s deadline for consumers and retailers to switch to new chip-enabled credit cards.  A majority of consumers still haven’t received their […]
September 30, 2015

Cyber Attacks Could Threaten Bank Credit Ratings

Banks with weak cybersecurity controls could be downgraded even if they haven’t been attacked, said Standard & Poor in a recent report.  While it hasn’t yet […]
September 29, 2015

The Average American Household’s Income by Age

It’s the great upside-down U. Those in the workforce are familiar with the typical earnings arc in America: You start out at the bottom, work your […]
September 28, 2015

Fed Can’t Solve Housing Puzzle Alone

“There has never been a better time to buy a home.”  That phrase, or variations on it, can be found in thousands of advertisements from real-estate agents and home […]
September 24, 2015

Could Your Smartphone Be a Financial Risk?

The smartphone can add significant security to payments, but it is also a tool that fraudsters can exploit. Researchers and scammers have already found several unique […]
September 23, 2015

The Reason(s) Borrowers Can't Pay Their Mortgage

Loan performance has improved since the housing crisis. But credit challenges persist, while higher housing costs combined with a plateau in wages have put increased strain […]