Investors’ near-insatiable demand for even the riskiest corporate debt is fueling a Wall Street lending boom, offering lifelines for struggling companies even as the coronavirus pandemic […]
While analysts have expressed concern foreclosures could overwhelm servicers when forbearance ends, new data suggest that outcomes will be manageable in most areas. The foreclosure wave […]
The number of borrowers in forbearance is at its lowest level in 10 months. However with conforming borrowers now able to extend their plans, it’s uncertain […]
Emergency lending programs have cut into the volume of traditional Small Business Administration loans, but they have also led more bankers to make bigger long-term commitments […]
While the number of distressed mortgages declined to a pandemic low in November, sustainable improvement won’t be made until the job market grows. “Forbearance and loan […]
U.S. consumer confidence rose moderately in January while lingering concerns about the COVID-19 pandemic led to a further deterioration in households’ perceptions of the labor market, […]
In August, there were 23.7% fewer businesses open relative to January. This represents an increase in small business closures of 1.2%age points since July. A spike […]
Banks filed an abnormally high number of reports of suspected business loan fraud in July, according to government data analyzed by the Project On Government Oversight […]