Government

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. […]
August 1, 2018

Is the Housing Market on Shaky Ground?

While most experts agree the housing market is on solid ground, some are beginning to question red flags that are beginning to arise, possibly showing a […]
July 25, 2018

Consumer Debt Increases In May

New data shows that U.S. consumer debt rose in May by the most in six months, showing that Americans were more comfortable with spending midway through […]
July 19, 2018

Fintech Firms Backing More Loans Than Ever

According to the Mortgage Bankers Association, mortgage applications have shown a recent decrease, but Americans are still taking out loans, lots and lots of loans.  In […]
July 18, 2018

Feds Arrest Dozens in Real Estate and Wire Fraud Bust

The federal government recently announced that it conducted a massive sweep and arrested dozens of people who allegedly participated in schemes designed to intercept and hijack […]
July 17, 2018

Foreclosure Filings Fall Nationwide

Foreclosures in the first half of 2018 are far below their peak of 1.6 million in 2010, but 40% of local markets showed an uptick in […]
July 13, 2018

Legal Speak: Debt Collection Dispute Goes to U.S. Supreme Court

The U.S. Supreme Court agreed to decide whether thousands of borrowers can invoke a federal debt-collection law when they are facing foreclosure.  The justices said they will […]