Legal

August 6, 2019

How Do Data Breaches Affect Auto Finance?

In the wake of Capital One Financial’s data breach, auto lenders should evaluate ways to tighten up cybersecurity and identify points of vulnerability. The breach compromised […]
July 30, 2019

Mortgage Fraud Risk Plunges

The risk of mortgage application fraud fell in the second quarter of 2019 thanks to a decrease in interest rates. According to CoreLogic’s National Mortgage Application […]
June 18, 2019

Business Owners Lack Confidence About Their Financial Future

A new survey of more than 1,000 high net worth business owners finds 95% of respondents are very or somewhat confident their financial plans will sustain […]
June 17, 2019

FHA Loans Becoming More Risky

Citing rising risks among the mortgages it is backing, the Federal Housing Administration announced earlier this year that it was changing some of its lending rules.  […]
June 4, 2019

Mortgage Application Fraud Risk Declines

The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications during April decreased by 4.2% from March, according to new data […]
May 7, 2019

Banks Hold On to Riskier Credit Card Loans

The credit card loans that banks bundle into bonds and sell to investors are outperforming the loans that lenders have held onto, according to a recent […]
May 2, 2019

Most Insurers Believe a Recession is Looming

Most insurers believe that the U.S. will enter an economic recession sometime within the next two years, according to the latest annual Goldman Sachs Asset Management […]
April 30, 2019

Credit Card Charge-Offs Rise

Red flags are flying in the credit-card industry after a key gauge of bad debt jumped to the highest level in almost seven years. The charge-off […]
April 11, 2019

Delinquency and Foreclosure Rates Lowest in 20 Years

In January 2019, 4% of home mortgages were in some stage of delinquency, down from 4.9% a year earlier and the lowest for the month of […]