Finance

June 12, 2017

Banks See Slower Loan Growth, Higher Charge-Offs

FDIC-insured banks reported that the pace of loan growth slowed in the first quarter and that charge-offs on loans to individuals increased. But banks still recorded […]
June 9, 2017

Beige Book: Slower Growth, Less Optimism

Economic growth slowed across parts of the U.S. in recent weeks, and some firms have become a bit less optimistic about the future, according to a […]
June 8, 2017

Foreclosure Activity Hits Post-Recession Low in April

ATTOM Data Solutions released its April 2017 U.S. Foreclosure Market data, which shows foreclosure filings – default notices, scheduled auctions and bank repossessions – were reported […]
June 7, 2017

Mortgage Origination Volume Falls 34%

Mortgage origination volume fell 34% in the first quarter compared with the fourth quarter, driven mainly by a 45% drop in refinances, according to Black Knight Financial […]
June 6, 2017

73% of Americans Have Financial Regrets

Nearly 3-in-4 U.S. adults have financial regrets, according to a new Bankrate.com report. The most common is not saving for retirement early enough, followed by not […]
June 5, 2017

Home Prices Not Back To Pre-Crisis Levels

Home prices increase a little more each month, even hitting new peaks in many markets, yet experts insist they are not back at bubble-era levels.  The […]
June 2, 2017

What to Buy in June

Warm weather, wedding season, and hurricane season all bring discounts in June. Consumers will also find continuing sales on some items that were good deals in […]
June 1, 2017

Electronic Communications: A Growing Compliance Risk

The 7th annual Electronic Communications Compliance Survey from Smarsh reveals that finaical firms are struggling to keep up with the multitude of electronic communications channels.  More than half of […]
June 1, 2017

Mortgage Origination Volume Hits 5-Year High

First lien originations jumped in 2016 to $2.1 trillion, the highest point since 2012, according to a report from the Urban Institute.  Of these originations, the share of […]