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August 28, 2018

Foreclosures Drop to Lowest Level in 12 years

Mortgage delinquencies and foreclosure rates in the U.S. dropped to their lowest level in the past 12 years, according to the latest Loan Performance Insights report […]
August 27, 2018

Overhaul Boosts Consumers’ Credit Scores

According to a recent Federal Reserve Bank of New York study, American consumers, (especially those with low credit scores) appear to have benefited in recent quarters […]
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 17, 2018

Buying a Home is the Most Stressful Life Event

It’s no secret that buying a home can be a complicated and even confusing process – and now one survey showed just how stressful Americans say […]
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 14, 2018

Uneven Market Recovery Continues: Underwater vs. Equity-Rich

The gap between equity rich homeowners and mortgage borrowers who are seriously underwater narrowed in the second quarter, highlighting the uneven nature of the housing market’s […]
August 13, 2018

Mortgage Default Risk Climbs Steadily

The risk of mortgage defaults reached its highest point since the second quarter of 2015 as lenders loosen credit, according to VantageScore.  With mortgage rates trending […]
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 […]