Government

December 5, 2018

Household Debt Soars to Record High

U.S. households have been taking on more debt for 17 straight quarters, leading to a total debt burden of $13.51 trillion at the end of the […]
December 4, 2018

Corporate Debt at Potentially Risky Levels

The U.S. economy is showing some vulnerabilities as investors increasingly buy up risky corporate debt and businesses rely on “historically high” borrowing levels, according to the […]
November 13, 2018

Lenders See Higher Cost of Fraud in 2018

The cost of fraud has increased in 2018 as the rise of digital lending brings unique fraud prevention challenges, according to the “True Cost of Fraud” […]
November 12, 2018

Veteran homelessness drops nearly 50% since 2010

After increasing last year, veteran homelessness decreased in 2018 and has plummeted since 2010; in some states, veteran homelessness has even been completely eradicated. Veteran homelessness […]
November 9, 2018

Credit Card Chips Fail to Halt Fraud

New chip-enabled credit cards, which were rolled out to U.S. consumers starting in 2015, were supposed to put an end to rampant credit card fraud.  So […]
October 30, 2018

What do Bankers Fear This Halloween Season?

By most accounts, the banking industry is in great shape. The economy is humming, last year’s tax break provided a boost to profits, and President Trump’s […]
October 29, 2018

American Homeowners are Staying Put

Housing-market headwinds are keeping American homeowners in their properties for the longest stretches on record.  This is a sharp contrast to the mobility Americans have for […]
October 26, 2018

Student Debt Crushes Homeownership Dreams

Student loan debt has racked up a collective $1.5 trillion bill for 44 million Americans, and its crushing people’s homeownership dreams.  According to a recent survey […]
October 24, 2018

Who is Most Likely to Default on Student Loan Debt?

The Urban Institute released a report on the trends seen with borrowers who are more likely to default on their student loan debt. The report found […]