Government

January 14, 2020

Auto Loan Delinquencies at 8-Year High

The percentage of U.S. consumers who are late on their car loan payments has risen to its highest level in nearly eight years, according to new […]
January 10, 2020

Mortgage Rates Show Stability in 2020

If the first weekly Freddie Mac report of the year is any indication, there could be far less volatility for fixed mortgage rates in 2020 than […]
January 8, 2020

Recession Risk Tops CEO List of 2020 Fears

Fear of an economic decline topped the list of U.S. chief executives’ concerns going into 2020, according to a survey from the Conference Board.  The year […]
January 7, 2020

Auto Lenders and Borrowers to Weather Headwinds in 2020

Analysts are anticipating U.S. consumers to have another year of positive credit activity, marking one of the longest periods of sustained consumer credit health in recent […]
December 23, 2019

Auto Loan Rejections on the Rise

U.S. consumers might have their pick of employment in today’s robust job market, but that doesn’t mean everyone is getting financed for a car.  A Federal […]
December 19, 2019

Mortgage Fraud Risk Reaches Turning Point

Loan defect risk in purchase applications stopped falling and plateaued in October, according to First American Financial Corp.’s latest report. “Defect risk for purchase transactions broke […]
December 18, 2019

Subprime Mortgages Begin to Inch Up

The percentage of recent mortgage borrowers with subprime credit scores still resides in the single digits, but nearly doubled what is was in 2013, according to […]
December 17, 2019

Mortgage Delinquency Rates to Flatten in 2020

The percentage of home loans with late payments is unlikely to fall much further in 2020 when mortgages made to lower credit-score borrowers could rise slightly, […]
December 11, 2019

Mortgage Delinquencies Drop to 25-Year Low

The share of U.S. homeowners who were late paying mortgages fell to an almost 25-year low in the third quarter as a strong labor market helped […]