Home

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 26, 2018

Personal Loans Surge to a Record High

Personal loans surged to a record this year and are the fastest-growing U.S. consumer-lending category, according to data from credit bureau TransUnion. Outstanding balances rose about […]
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 24, 2018

Foreclosures at Lowest Level in Almost Two Decades

Foreclosure starts just plummeted in June to their lowest level in 17 years, according to the latest report from Black Knight.  Foreclosure starts dropped 3.1% from May […]
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 […]
July 12, 2018

Mortgage Payments Biggest Financial Burden in a Decade

The share of median income needed for monthly mortgage payments on the median U.S. home increased to 17.1%, which is the largest share of income since […]
July 10, 2018

Business-Loan Drought Ends for Banks

Preliminary second-quarter data from the Federal Reserve indicate the year-over-year growth rate of business loans rose to 5.5% in late June from less than 1% near […]
July 9, 2018

Equity Gains: U.S. Homeowners are $1 Trillion Wealthier

As house values continued growing, homeowners with mortgages, accounting for 63% of all properties, saw their equity increase 13.3% year-over-year in the first quarter, a gain […]