September 10, 2020
September 10, 2020
The Conference Board Consumer Confidence Index fell to its lowest level since 2014 in August. This is likely due to a combination of increased COVID-19 cases […]
September 10, 2020
September 10, 2020
After setting records in 23 consecutive quarters, total household debt fell in the second quarter for the first time since 2014 as shutdowns associated with the […]
September 10, 2020
More than $54.3 billion in U.S. commercial mortgage backed securities have been transferred to loan workout specialists mostly because of payment delinquencies, a 320% increase since […]
June 8, 2020
June 8, 2020
Consumer confidence has collapsed amid the coronavirus pandemic and isn’t getting a lift from states re-opening their economies, according to a new report. A Morning Consult […]
June 8, 2020
June 8, 2020
Following April’s record one-month decline, consumer confidence inched upward in May by an insignificant amount, according to the University of Michigan Surveys of Consumers. The Sentiment […]
June 8, 2020
June 8, 2020
Today, the National Bureau of Economic Research said the U.S. economy peaked in February, ending the longest expansion in U.S. history at 128 months, or about […]
April 6, 2020
April 6, 2020
Americans increasingly were worried about losing their jobs and expected to curb their growth in spending in the wake of the coronavirus outbreak, a March survey […]
March 23, 2020
March 23, 2020
We hope this note finds you and your families safe and healthy during this time of turmoil and uncertainty. Throughout the world, society is taking unprecedented measures […]
March 16, 2020
March 16, 2020
According to the Mortgage Bankers Association, any impact from the coronavirus outbreak on commercial and multifamily loan delinquencies won’t be known for some time. If it […]