Recession

July 3, 2015

Fantastic Fourth Facts

Independence Day is upon us and this 4th of July, be sure to enjoy the fireworks and learn some fun facts about our great country, its […]
July 2, 2015

Cities That Have Done the Best (and Worst) Post-Recession

This month marks six years since the end of the U.S. recession. In those six years, the Standard & Poor’s 500-stock index has climbed more than 200 percent […]
July 1, 2015

Will 2.2M 'Boomerang' Borrowers Boost Housing?

A flood of ex-homeowners may be ready to re-enter the mortgage market over the next 5 years, according to a TransUnion report.  Based on an analysis of […]
June 30, 2015

90% Of Student Loan Borrowers Denied Co-Signer Release

Private student loan lenders rejected nine out of 10 co-signers who applied for a co-signer release from the loans, a service the lenders and servicers often […]
June 25, 2015

Most Consumers Still Intimidated By Home Buying Process

Today, fewer consumers believe that it is difficult to get a mortgage compared with last year. However, the majority of respondents to an Ipsos and Wells […]
June 23, 2015

29% of Americans Have No Savings

Almost 3 in 10 Americans say they have no emergency savings, according to a survey just released by Bankrate.com.  That’s the highest number since Bankrate began […]
June 22, 2015

Foreclosure Activity Hits 19-Month High

US foreclosure activity reached a 19-month high in May as bank repossessions of homes continued to rise across the country. That doesn’t mean the housing market […]
June 19, 2015

Will Kids Raised During Recession Have a Fear of Credit?

It’s not very surprising that clients of Young Americans Bank, which focuses on kids and college-age adults, are afraid of credit. But the worry is that […]