Employment

November 11, 2016

33% of Rehabbed Student Loans to Go Back Into Default

A new report by the Consumer Financial Protection Bureau, found that 1 in 3 student-loan borrowers with very low incomes who have “cured” a loan in […]
November 10, 2016

Has Auto Lending Lost Its Luster?

Regulators have been warning about frothy conditions in the market for automobile loans. But things had to hit close to home – shrinking loan yields and […]
November 9, 2016

Consumer Become Pessimistic on Economy/Housing

Home purchase sentiment fell for the third straight month in October, reflecting the uncertainty consumers face, according to Fannie Mae.  Fannie Mae reported that its Home […]
November 8, 2016

Election Day 2016: Facts & Figures

Many Americans will be heading to the polls at some point today to cast ballots on the first Tuesday after the first Monday of November. So […]
November 4, 2016

What to Buy in November

To buy or not to buy in November? That’s the big question as the biggest shopping season of the year kicks off. Between Black Friday and […]
November 2, 2016

Foreclosure Rate Falls to 9-Year Low

The percentage of foreclosed mortgages reached its lowest point in nine years, according to Black Knight Financial Services’ September First Look report.  The presale foreclosure rate […]
October 24, 2016

Consumer Delinquencies Hit New Low

Consumer delinquencies fell last quarter to their lowest point in at least 15 years, according to quarterly data released by the American Bankers Association (ABA).  The […]
October 21, 2016

New Home Mortgage Apps Rise 3% in September

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2016 shows mortgage applications for new home purchases increased 3% relative to September 2015. […]
October 20, 2016

Is the Foreclosure Crisis Finally Over?

Foreclosure filings dropped to the lowest level reported since December 2005, signaling the end of the country’s foreclosure crisis, according to Attom Data Solutions.  In September, […]