Government

September 13, 2018

Auto Lending Delinquencies Fall

Automotive loan amounts and monthly payments continue to reach new highs, while delinquency rates are improving, according to analysis from Experian. Outstanding loan balances hit a […]
September 11, 2018

Housing Sentiment Buoyed by Job Outlook

Housing sentiment moved up for the first time since May, according to the August 2018 Home Purchase Sentiment Index (HPSI) from Fannie Mae.  The HPSI was […]
August 31, 2018

60% of Americans are Unprepared for Retirement

According to a Bankrate survey, 61% of Americans don’t know how much money they’ll need to save for retirement.  Those who do have an estimate – […]
August 29, 2018

Americans Have More Debt Than Ever Before

According to the Federal Reserve Bank of New York’s Center for Microeconomic Data, increases in mortgage debt, auto loan debt, and credit card debt have resulted […]
August 27, 2018

Overhaul Boosts Consumers’ Credit Scores

According to a recent Federal Reserve Bank of New York study, American consumers, (especially those with low credit scores) appear to have benefited in recent quarters […]
August 23, 2018

Student Loan Debt Statistics In 2018: A $1.5 Trillion Crisis

Student loan debt is now the second highest consumer debt category – behind only mortgage debt – and higher than both credit cards and auto loans.  […]
August 21, 2018

American Lost $70,000 in the Financial Crisis

America never made up the growth it lost in the 2008 global financial crisis and the recession it triggered. A decade later, U.S. households are still […]
August 20, 2018

Mortgage Defect Risk Improves in Almost All States

The rate of mortgage defects was down by more than 8% year-to-year during the month, according to First American Financial Corp.’s Loan Application Defect Index. Among […]
August 16, 2018

Payments Fraud Still Major Challenge for Banks

Payments fraud hit a record high in 2017, with 78% of all organizations affected, according to a report from the Association of Financial Professionals and J.P. […]