Employment

June 16, 2016

Mortgage Write-Offs Hit 9-Year Low

According to data from the April 2016 Equifax National Consumer Credit Trends Report, the total balance of write-offs year-to-date in March for first mortgages, home equity lines of credit […]
June 15, 2016

Lenders Surprised by Trended Mortgage Data

When a consumer refinances or pays off her house in preparation for moving, you might expect her to reduce other debts to help get the new […]
June 10, 2016

The Link Between Education and Homeownership

A new report from First American Financial Corp. has found that the difference in homeownership between those without high school degrees and those with a bachelor’s […]
June 9, 2016

Multifamily Outlook: Rent Growth to Remain High

A new national market outlook from Yardi® Matrix forecasts that jobs and population growth will spur rent growth of about 5% in 2016.  The report, “Multifamily […]
June 8, 2016

Auto Finance Companies Put Brakes on Subprime Lending

Executives at some of the biggest banks in auto lending said that they’re tapping the brakes on subprime lending, especially at the lower end of the […]
June 7, 2016

What are Homebuyers’ Biggest Concerns?

Homebuyers are growing more worried about competition from other buyers, but housing affordability remains their top concern, according to a new survey by the real estate […]
June 3, 2016

No Rest for the Weary: More Americans Working Past 65

Almost 20% of Americans 65 and older are now working, according to the latest data from the U.S. Bureau of Labor Statistics. That’s the highest number […]
June 2, 2016

Consumer Borrowing Surges at Fastest Pace Since 2001

Household borrowing surged in March at the fastest pace since November 2001 as financing for automobiles picked up and Americans’ outstanding credit-card debt soared.  The $29.7 billion […]
June 1, 2016

Are Banks Having an Identity Crisis?

The question is so simple it seems silly: What is a bank?  A bank pools savings and then allocates that capital. Simple, right? But that’s just […]