March 23, 2020
March 23, 2020
We hope this note finds you and your families safe and healthy during this time of turmoil and uncertainty. Throughout the world, society is taking unprecedented measures […]
March 13, 2020
March 13, 2020
Large US banks have begun testing crisis measures in case of a broader coronavirus outbreak that prevents staff from going to work, according to banking sources. […]
March 11, 2020
March 11, 2020
It’s hard to believe that less than three weeks ago the S&P 500 closed at an all-time high. This was largely due to the enduring strength […]
March 9, 2020
March 9, 2020
American households added $193 billion of debt in the fourth quarter, driven by a surge in mortgage loans, and overall debt levels rose to a new […]
March 4, 2020
March 4, 2020
The average U.S. FICO score hit a record high of 703 in 2019, driven by Americans in their 30s, as a strong labor market helped people […]
March 3, 2020
March 3, 2020
Single-family home sales rose 7.9% to a 764,000 annualized pace in January, exceeding the median estimate in a Bloomberg survey. The December figure was also revised […]
February 28, 2020
For the first time in 15 years, fewer than 2 million mortgaged properties lie in default or foreclosure status as of the end of January, according […]
February 27, 2020
February 27, 2020
Consumer credit delinquencies were mixed in the third quarter of 2019, with delinquencies rising for the composite index of closed-end loans, according to the American Bankers […]
February 26, 2020
February 26, 2020
Foreclosure activity during 2019 fell 21% from the previous year, but a few indicators show a change in direction could be possible, according to a new […]