Government

November 17, 2017

Americans Waiting for a Bigger Raise

The government said that average hourly earnings rose 2.4% over the past 12 months.  That’s a slip from the 2.9%increase reported in September. It remains below the 3% to 3.5% range that many […]
November 13, 2017

Will Regulation Solve Cybersecurity Problems?

Cybersecurity was a main topic at a recent New York banking conference.  According to Arthur Lindo, senior associate director of the Fed’s division of supervision and […]
November 9, 2017

FHA Loan Delinquency Rate Flattens

Closed-end loans continue to return to normal levels as overall consumer delinquencies remained steady and serious delinquency rates remained near the 10-year low.  However Federal Housing Administration […]
November 7, 2017

Are Some Cities Close to a Housing Bubble?

According to a recent report released by the Urban Institute, with home prices on the rise, some cities are inching closer to a housing bubble.  The […]
October 25, 2017

Housing Confidence on the Rise; Renters Optimistic

The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 0.3 points in September to 88.3, matching the all-time high set in June. The rise can be […]
October 20, 2017

Banks Prepare for Credit Card Defaults

Credit card delinquencies increased for three consecutive months, adding to signs that consumers in the U.S. are having a tough time paying their debt.  According to recent […]
October 19, 2017

Data Breaches Cost Firms $1.3 Million in 2017

Cyber attacks cost large North American businesses an average of $1.3 million in 2017, according to a new report from security vendor Kaspersky Lab and market research firm […]
September 29, 2017

What’s Next for Consumer Data Security?

For Equifax, the fallout from its massive data breach is far from over.  The company is facing numerous inquiries from government agencies and even lawsuits.  The breach exposed serious […]
September 28, 2017

Mortgage Fraud Risk on the Rise

An estimated 13,404mortgage applications, representing 0.82% of all applications, filed during the second quarter contained indications of fraud, according to the Mortgage Application Fraud Risk Index released by CoreLogic.  […]