Investors’ near-insatiable demand for even the riskiest corporate debt is fueling a Wall Street lending boom, offering lifelines for struggling companies even as the coronavirus pandemic […]
While analysts have expressed concern foreclosures could overwhelm servicers when forbearance ends, new data suggest that outcomes will be manageable in most areas. The foreclosure wave […]
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed their overall new business volume for December was $12.1 billion, down 6% […]
While the number of distressed mortgages declined to a pandemic low in November, sustainable improvement won’t be made until the job market grows. “Forbearance and loan […]
In August, there were 23.7% fewer businesses open relative to January. This represents an increase in small business closures of 1.2%age points since July. A spike […]
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 […]
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 […]
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 […]