Recession

October 29, 2015

Vacant ‘Zombie’ Foreclosures Down 43%

RealtyTrac released its Q3 2015 U.S. Zombie Foreclosure and Vacant Property Report, which shows 20,050 residential properties in the foreclosure process – but not yet repossessed […]
October 28, 2015

Consumer Loan Delinquencies Decline Sharply

Consumer loan delinquencies fell sharply in the second quarter ended June 30, thanks to large drops in home loan-related delinquencies, according to the American Bankers Association (ABA).  […]
October 21, 2015

Nationwide Report Finds Housing Stable

Despite a slowdown of home sales nationally in August, the U.S. housing market continues to look bright, according to Nationwide’s quarterly Health of Housing Markets Report. […]
October 20, 2015

Late Payments on Home Equity Loans Hit Post-Crisis Low

U.S. homeowners continue to take advantage of rising house prices to dig themselves out of the hole created by the Great Recession.  In the second quarter, […]
October 15, 2015

New Mortgage Rules Help You "Know Before You Owe"

The process of buying a home changed dramatically on October 3. Credit.com outlines everything you need to know about Know Before You Owe. What Is Know Before You […]
October 9, 2015

6 Signs You Have Too Much Debt

Most of us would love to have no debt, and many people make a conscious effort to get to that point. Debt can be suffocating: it can […]
October 8, 2015

Are You Better Off Than the Average American?

Is your net worth higher or lower than people of a similar age? How does your pay compare with others? Do you have more debt than […]
October 7, 2015

Credit Woes Linger: Bad Loans Above Pre-Crisis Levels

The banking industry continues to sit on a mountain of problematic loans 7 years after the onset of the financial crisis.  Credit quality is substantially better […]