Finance

May 25, 2016

Businesses Fall Behind on Their Loans

The Board of Governors of the Federal Reserve released its delinquency and charge-off data for all commercial banks in the first quarter – and it’s very sobering data. […]
May 24, 2016

Financial Services Industry Shows Signs of Growth

The Great Recession hit the financial services industry – and the ARM companies that serve it – the hardest. Even now, this segment is still recovering; […]
May 23, 2016

Are House Prices Creeping Toward Bubble Territory?

A decade ago, a bubble in house prices led to the worst financial crisis since the Great Depression.  House prices then collapsed, falling below their long-term […]
May 20, 2016

Banks Neglect Seniors in Digital Push

According to a 2016 mobile banking study from the Federal Reserve, only 18% of seniors use mobile banking services, versus a whopping 67% of millennials.  Seniors […]
May 19, 2016

Most Americans Have Financial Regrets

It’s hard to get through life without at least one major financial regret. That’s the conclusion from a new Bankrate nationwide survey that finds only 17% […]
May 17, 2016

Reverse Mortgages Safer But Still Have Issues

Across the nation, a sticky subgroup of foreclosure cases involves reverse mortgages.  These loans, usually taken out by seniors, are heavily promoted in advertising and aimed […]
May 16, 2016

Consumers Increase Savings But Carry Credit Card Balances

Consumers are increasing the balances of their personal savings accounts, but at the same time there is an increase in those who rollover their monthly credit […]
May 13, 2016

Get Ahead on Next Year’s Taxes

Although it seems like we just wrapped up our 2015 taxes – scrambling to find receipts, tax donations and pay stubs, we are almost 6 months […]