Government

July 2, 2015

Cities That Have Done the Best (and Worst) Post-Recession

This month marks six years since the end of the U.S. recession. In those six years, the Standard & Poor’s 500-stock index has climbed more than 200 percent […]
July 1, 2015

Will 2.2M 'Boomerang' Borrowers Boost Housing?

A flood of ex-homeowners may be ready to re-enter the mortgage market over the next 5 years, according to a TransUnion report.  Based on an analysis of […]
June 30, 2015

90% Of Student Loan Borrowers Denied Co-Signer Release

Private student loan lenders rejected nine out of 10 co-signers who applied for a co-signer release from the loans, a service the lenders and servicers often […]
June 29, 2015

Are You Invisible to Creditors?

Are you a “credit invisible?” The Consumer Financial Protection Bureau defines credit invisibles as those adults whose credit histories are so limited that they don’t have […]
June 26, 2015

Phone Scams on the Rise as Bank Fraud Goes Low-Tech

Pindrop Security recently released a study that shows a 30% rise in phone fraud among financial institutions since 2013. The company, which provides call-center-security software, analyzed […]
June 22, 2015

Foreclosure Activity Hits 19-Month High

US foreclosure activity reached a 19-month high in May as bank repossessions of homes continued to rise across the country. That doesn’t mean the housing market […]
June 18, 2015

Private Student-Loan Delinquencies are Declining

The Consumer Bankers Association praised banks’ discipline on managing credit quality for student loans after a report showed a drop in delinquencies.  Both early- and late-stage […]
June 17, 2015

Underwater Homeowners Still Drowning in Mortgage Debt

A decade after U.S. home sales peaked, 15.4% of owners in the first quarter owed more on their mortgages than their properties were worth, according to […]