Government

June 22, 2018

Home Prices Outpace Pay Increases

Affordable housing is increasingly hard to find in today’s market. According to data from Trulia, America’s inventory of starter homes has decreased by almost half compared […]
June 21, 2018

Final Exams: Big Banks Expected to Pass Stress Tests

Later this month, the Federal Reserve will announce the results of the annual stress tests for banks, but one firm is already predicting banks will pass.  […]
June 20, 2018

Economy ‘Going Off a Cliff” in 2020?

Former Federal Reserve Chair Ben Bernanke confirmed what many experts are already predicting: The next recession is less than two years away.  In a recent Bloomberg […]
June 14, 2018

Home Values Increase in All 50 states

Home prices showed yet another surge in April as year over year values increased for all 50 states, according to the latest Home Price Index report […]
June 13, 2018

Commercial Lending on the Decline

Commercial loan demand — a big driver of profits — is in the dumps. It has been for two years, and there’s no clear sign it […]
June 12, 2018

Mortgage Delinquencies on the Mend

Historically, mortgage delinquencies in the month of April have risen 85% of the time, but April 2018 bucked that trend as they fell, according to Black […]
June 7, 2018

Mortgage Application Fraud Risk Down Nearly 20%

The ability-to-repay (ATR) standard is responsible for the reduction in loan application defects over the past four years, according to First American Financial Corp.  For April, […]
June 6, 2018

Student Loan Defaults Increase 109% Since 2013

America has reached a new economic milestone of $1.52 trillion. This represents America’s total outstanding student loan debt as of March 2018 according to the new […]
June 5, 2018

Some Cities Still Deluged with Underwater Mortgages

First, the good news: The share of American homeowners who owe more on their mortgages than their homes are worth is a lot less than it […]