Finance

February 10, 2016

Strategic Default: By the Numbers

The rate of home price recovery during the 7 years that a foreclosure remains on a consumer’s credit report is one measure of whether borrowers who […]
February 9, 2016

Bankruptcy Filings Decline Again

U.S. bankruptcy filings reached 52,522 in January, 11% lower than 59,092 filings in January 2015, according to the American Bankruptcy Institute.  There were an average of […]
February 5, 2016

Credit Inquiries: What You Need to Know

One of the biggest frustrations borrowers experience when applying for a new loan comes in the form of a credit inquiry, or credit check, some of […]
February 4, 2016

Debt Collectors Returned $45 Billion Back To U.S. Economy

Consumers, creditors, and the economy as a whole benefit from the existence of the professional debt collection industry, according to the newest white paper from the Association of Credit and […]
February 3, 2016

Following a Stellar Year, Housing Market Will Struggle in ’16

Warmer weather heated up housing activity at the end of 2015 to help make it the best year for sales of new single-family homes since 2007. […]
February 2, 2016

Multi-Family Boom Busts Renters’ Wallets

The booming multifamily mortgage market has risen to new heights, passing the lofty $1 trillion mark. But while that may mean flourishing times for apartment lenders, […]
February 1, 2016

Most Americans Ruin Credit Before Age 30

A whopping 68% of Americans make at least one major financial mistake, or “credit fumble,” before turning 30, leading to a negative mark on their credit […]
January 18, 2016

MLK Day: Facts & Figures

Martin Luther King Jr. Day is a federal holiday that is celebrated on the third Monday of every January. Many Americans see this holiday as a […]