Government

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 […]
June 11, 2015

Americans' Housing Optimism Gains Momentum

Consumer attitudes about the housing market showed marked improvement last month, strengthening the case for a lift in housing activity this year, according to results from […]
June 10, 2015

Student Debt, Downpayments Biggest Hurdles for Homebuyers

Many millennials carry a lot of debt from their education. Real estate agents and bankers say that’s one of the biggest problems they often encounter with […]
June 5, 2015

Class of 2015 Carries the Most Student Debt in U.S. History

The class of 2015 is reaching new heights, though perhaps not the way it had hoped.  College graduates this year are leaving school as the most […]