Employment

September 7, 2018

CMBS Delinquency Rate Declines

Delinquencies for loans securing commercial mortgage-backed securities continued to decline, although they are still well above rates for other types of investors, according to data compiled […]
August 31, 2018

60% of Americans are Unprepared for Retirement

According to a Bankrate survey, 61% of Americans don’t know how much money they’ll need to save for retirement.  Those who do have an estimate – […]
August 30, 2018

Back-To-School Spending to Reach $83.6 Billion

With consumer confidence rising and more young people in school, back-to-college spending is expected to hit an all-time high this year.  The National Retail Federation also […]
August 29, 2018

Americans Have More Debt Than Ever Before

According to the Federal Reserve Bank of New York’s Center for Microeconomic Data, increases in mortgage debt, auto loan debt, and credit card debt have resulted […]
August 28, 2018

Foreclosures Drop to Lowest Level in 12 years

Mortgage delinquencies and foreclosure rates in the U.S. dropped to their lowest level in the past 12 years, according to the latest Loan Performance Insights report […]
August 27, 2018

Overhaul Boosts Consumers’ Credit Scores

According to a recent Federal Reserve Bank of New York study, American consumers, (especially those with low credit scores) appear to have benefited in recent quarters […]
August 24, 2018

Americans’ Biggest Financial Worry is Retirement Savings

Saving for retirement is Americans’ biggest financial worry, according to a survey by Bankrate.com. Younger Baby Boomers, those between the ages of 54 and 63, and […]
August 23, 2018

Student Loan Debt Statistics In 2018: A $1.5 Trillion Crisis

Student loan debt is now the second highest consumer debt category – behind only mortgage debt – and higher than both credit cards and auto loans.  […]
August 22, 2018

Americans Making Progress Paying Down Debts

According to the American Bankers Association, the percentage of people who are delinquent on their debts (30 days or more overdue) hit 1.73% in the first […]