Money

December 12, 2018

Americans Have Less Equity to Tap

American homeowners with a mortgage lost about $2,300 in equity this quarter, as tappable equity declined for the first time since the housing market began its […]
December 11, 2018

Home for the Holidays: Foreclosure Evictions Stalled

Though legal and administrative proceedings may advance, evictions for units owned by Fannie Mae and Freddie Mac will be halted between Dec. 17 and Jan. 2. […]
December 5, 2018

Household Debt Soars to Record High

U.S. households have been taking on more debt for 17 straight quarters, leading to a total debt burden of $13.51 trillion at the end of the […]
December 4, 2018

Corporate Debt at Potentially Risky Levels

The U.S. economy is showing some vulnerabilities as investors increasingly buy up risky corporate debt and businesses rely on “historically high” borrowing levels, according to the […]
November 19, 2018

Subprime Mortgage Loans on the Rise

The number of subprime loans originated is increasing with gains across personal loans, credit cards, auto finance, and mortgages. TransUnion’s Industry Insights Report shows that while […]
November 13, 2018

Lenders See Higher Cost of Fraud in 2018

The cost of fraud has increased in 2018 as the rise of digital lending brings unique fraud prevention challenges, according to the “True Cost of Fraud” […]
November 12, 2018

Veteran homelessness drops nearly 50% since 2010

After increasing last year, veteran homelessness decreased in 2018 and has plummeted since 2010; in some states, veteran homelessness has even been completely eradicated. Veteran homelessness […]
November 9, 2018

Credit Card Chips Fail to Halt Fraud

New chip-enabled credit cards, which were rolled out to U.S. consumers starting in 2015, were supposed to put an end to rampant credit card fraud.  So […]
November 8, 2018

Credit Scores Can Take a Year to Recover After House Purchase

LendingTree, an online loan marketplace, released its study on how buying a house affects credit scores. The analysis looked at more than 5,000 consumers who took […]