Government

July 17, 2018

Foreclosure Filings Fall Nationwide

Foreclosures in the first half of 2018 are far below their peak of 1.6 million in 2010, but 40% of local markets showed an uptick in […]
July 13, 2018

Legal Speak: Debt Collection Dispute Goes to U.S. Supreme Court

The U.S. Supreme Court agreed to decide whether thousands of borrowers can invoke a federal debt-collection law when they are facing foreclosure.  The justices said they will […]
July 12, 2018

Mortgage Payments Biggest Financial Burden in a Decade

The share of median income needed for monthly mortgage payments on the median U.S. home increased to 17.1%, which is the largest share of income since […]
July 11, 2018

Small Business Loan Approvals Continue to Rise

Small business loan approval rates for big banks (25.9%) continued the upswing with yet another new high in May 2018, according to the Biz2Credit Small Business […]
July 6, 2018

Housing Costs to Blame for Low Millennial Homeownership

The homeownership rate for adults age 25 to 34 was 37.5% in 2016, about three percentage points lower than the historical average for this demographic and […]
July 4, 2018

Fourth of July: By the Numbers

Americans are expected to spend $6.9 billion on food for Fourth of July cookouts and picnics tomorrow, according to the annual survey released by the National […]
June 26, 2018

Consumer Debt Soars but Mortgages Aren’t to Blame

Consumer debt is approaching new highs with current household debt set to be $1 trillion above the peak debt level of 2008, by the end of […]
June 25, 2018

The Hidden Costs of Student-Debt Forgiveness

Students seeking relief on their college and graduate-school debt could be sitting on a hidden tax bomb: Billions of dollars in one-time bills from the Internal […]
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 […]