Recession

August 24, 2018

Americans’ Biggest Financial Worry is Retirement Savings

Saving for retirement is Americans’ biggest financial worry, according to a survey by Bankrate.com. Younger Baby Boomers, those between the ages of 54 and 63, and […]
August 22, 2018

Americans Making Progress Paying Down Debts

According to the American Bankers Association, the percentage of people who are delinquent on their debts (30 days or more overdue) hit 1.73% in the first […]
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 15, 2018

CMBS Delinquency Rate Reaches a New Low

The 30-plus-day CMBS delinquency rate reached a new post-crisis low in July, at 3.81%, according to research firm Trepp LLC. The figure represents a 168-basis-point decline […]
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 1, 2018

Is the Housing Market on Shaky Ground?

While most experts agree the housing market is on solid ground, some are beginning to question red flags that are beginning to arise, possibly showing a […]
July 31, 2018

Real Estate No Longer Top Investment Choice

Americans are beginning to shift their investments to other areas as real estate fell not one but two spots from being the top investment choice back […]
July 26, 2018

Personal Loans Surge to a Record High

Personal loans surged to a record this year and are the fastest-growing U.S. consumer-lending category, according to data from credit bureau TransUnion. Outstanding balances rose about […]