Recession

April 22, 2016

The Wealthy Outlive Poor in Certain Areas

The poor in some cities – big ones like New York and Los Angeles, and smaller ones like Birmingham, Ala. – live nearly as long as […]
April 20, 2016

Delinquencies Decline as Economy Improves

The number of seriously delinquent mortgages reached its lowest level in over 8 years, helped by new job creation and higher wages, CoreLogic reported.  The national […]
April 18, 2016

Can’t Pay Your Tax Bill?

Today is Tax Day.  Thanks to Emancipation Day falling on a Saturday this year, we were lucky enough to have a 3-day extension until April 18th.  […]
April 15, 2016

What is Emancipation Day?

This year, the whole country might finally learn about Emancipation Day – a D.C. holiday that is little known beyond the city.  The holiday, which marks […]
April 14, 2016

U.S Economy Off to a Slow Start in ‘16

The U.S. economy is again off to a poor start to the year, clouding the outlook and validating the Federal Reserve’s wait-and-see posture on raising interest […]
April 13, 2016

Commercial/Multifamily Originations Rise to $504B

Commercial and multifamily originators closed $504 billion in loans last year, according to the Mortgage Bankers Association.  The MBA’s Commercial Real Estate/Multifamily Finance Annual Origination Volume […]
April 12, 2016

Low-Income Families’ Budgets are Stretched to the Limit

Low-income Americans are experiencing a staggering price hike in housing costs – a change that makes it sometimes impossible to afford basic necessities.  A new Pew Charitable […]
April 11, 2016

Consumer Delinquencies Fall Below Historic Levels

Rising home values continue to provide consumers with a strong incentive to keep up with their home equity loan payments.  According to the American Bankers Association’s […]
April 8, 2016

Your Financial Spring Cleaning Guide

Spring has sprung!  It’s the time of year for sweeping the dead leaves off the porch, scrubbing the windows, and clearing the cobwebs. But don’t stop […]