June 10, 2019
June 10, 2019
Credit-card delinquency rates are rising, particularly among young people who are now more likely to have a credit card than a decade ago. Millennial and Gen […]
June 6, 2019
June 6, 2019
Total U.S. household debt rose 0.9% from the prior quarter to $13.67 trillion in the first three months of 2019, about in line with the pace […]
May 7, 2019
May 7, 2019
The credit card loans that banks bundle into bonds and sell to investors are outperforming the loans that lenders have held onto, according to a recent […]
May 2, 2019
May 2, 2019
Most insurers believe that the U.S. will enter an economic recession sometime within the next two years, according to the latest annual Goldman Sachs Asset Management […]
April 30, 2019
April 30, 2019
Red flags are flying in the credit-card industry after a key gauge of bad debt jumped to the highest level in almost seven years. The charge-off […]
April 17, 2019
Consumer credit delinquencies were mixed in the fourth quarter, with delinquencies falling in six of the 11 categories tracked by ABA. However, the American Bankers Association’s […]
April 15, 2019
April 15, 2019
Sound underwriting coupled with family-income and home-price growth have helped push mortgage delinquency rates down. According to CoreLogic’s TrueStandings data, at the end of 2018 the […]
April 12, 2019
April 12, 2019
Despite slowing home price growth, 74% of millennials make financial concessions to afford housing. By comparison, only 40% of older generations make these sacrifices, according to CoreLogic. Overvalue […]
March 26, 2019
March 26, 2019
Home equity is sitting above the $15 trillion mark nationwide, according to the Federal Reserve, but interest in more costly forms of debt, like credit cards […]