Government

October 5, 2015

Sub-prime Mortgages Continue to Climb

Mortgage originations to those with subprime credit scores continued to climb steadily over the first 5 months of 2015, according to data from the latest Equifax […]
October 2, 2015

Health Insurance Deductibles Outpacing Wage Increases

It may not seem like much – just an extra hundred dollars or so a year.  But the steady upward creep in health insurance deductibles has easily […]
October 1, 2015

What You Need to Know About EMV Cards

There’s a chicken-and-egg problem with today’s deadline for consumers and retailers to switch to new chip-enabled credit cards.  A majority of consumers still haven’t received their […]
September 30, 2015

Cyber Attacks Could Threaten Bank Credit Ratings

Banks with weak cybersecurity controls could be downgraded even if they haven’t been attacked, said Standard & Poor in a recent report.  While it hasn’t yet […]
September 28, 2015

Fed Can’t Solve Housing Puzzle Alone

“There has never been a better time to buy a home.”  That phrase, or variations on it, can be found in thousands of advertisements from real-estate agents and home […]
September 23, 2015

The Reason(s) Borrowers Can't Pay Their Mortgage

Loan performance has improved since the housing crisis. But credit challenges persist, while higher housing costs combined with a plateau in wages have put increased strain […]
September 17, 2015

Commercial Credit Is the New Mortgage Credit

In the wake of an unprecedented U.S. housing bust that evolved into a global financial crisis, the business of bundling home loans that aren’t backed by […]
September 14, 2015

Are We Heading Toward Another U.S. Recession?

Some advice for President Barack Obama’s successor: bring a plan to fight the next recession.  That’s one conclusion drawn from a survey of economists, where the […]
September 11, 2015

Never Forget: 9/11 Anniversary Facts & Figures

Most of us still remember it like it was yesterday.  September 9, 2001 – the dark day that shook the whole world. A massive attack was […]