Employment

February 26, 2019

FinTechs Lead Banks in Personal Lending

FinTechs, not traditional banks, appear to be preferred method of taking out unsecured personal loans in the U.S., with the market hitting an all-time high last […]
February 25, 2019

Foreclosures and Delinquencies at Low Level in 10 Years

Mortgage delinquency rates and foreclosures have dropped to their lowest rates in 10 years, according to a recent CoreLogic Loan Performance Insights report. The report found […]
February 22, 2019

Only Half of Homes are Affordable for Average Buyers

Housing affordability continues to hover near a 10-year low, and the National Association of Home Builders is urging policymakers to do something about it. Of the […]
February 21, 2019

Auto Loan Delinquencies at Highest Level Since 2010

Borrowers are behind in their auto loan payments in numbers not seen since delinquencies peaked at the end of 2010, according to the Federal Reserve Bank […]
February 20, 2019

Recession Risk Rises to 25% in New Poll

There is a one-in-four chance of a U.S. recession in the next 12 months, a scenario that should keep the Federal Reserve from raising interest rates […]
February 19, 2019

Mortgage Delinquencies Plummet to 18-Year Low

Mortgage delinquencies in the fourth quarter were at their lowest level in nearly 19 years, helped by wage growth, low household debt and low unemployment. According […]
January 25, 2019

Saldutti Law Group Announces New Partner

Saldutti Law Group, a leading creditors’ rights firm, announced the appointment of Thomas B. O’Connell, Esq. as partner.  Mr. O’Connell works in the firm’s Philadelphia and […]
January 24, 2019

Government Shutdown Increases Mortgage Lender Risk

As the partial government shutdown drags on and 800,000 federal workers remain unpaid, experts at Moody’s Investors Service issued a note of caution to mortgage lenders […]
January 23, 2019

Government Shutdown Could be ‘Fodder for Recession’

American consumers could lose faith in the economy if federal workers don’t go back to work soon, warned Moody’s Analytics chief economist Mark Zandi. “If this […]