security

June 11, 2018

Hurricane Season Could Wreak Havoc on Mortgage Industry

There are almost 7 million coastal homes facing more than $1.6 trillion in potential storm-surge reconstruction expenses this year, representing a 6.6% cost increase from last […]
June 7, 2018

Mortgage Application Fraud Risk Down Nearly 20%

The ability-to-repay (ATR) standard is responsible for the reduction in loan application defects over the past four years, according to First American Financial Corp.  For April, […]
May 31, 2018

The Next Recession by 2020?

A recession is on the horizon, according to many experts, and could show its face as soon as the end of this decade.  Nearly half of […]
May 30, 2018

CMBS Delinquency Rate Hits Lowest Level in 2 Years

Thanks to more distressed legacy loans being resolved away (and new performing loans being issued in their place), the overall Trepp CMBS Delinquency Rate resumed its […]
May 29, 2018

Cybersecurity Attacks on the Rise

A majority of organizations saw an increase in cyber security challenges in the past year and many experienced at least one incident, according to a new […]
May 16, 2018

Credit Card Usage Hits All-Time High

Credit card use is higher than ever, debt levels are their highest in years, and delinquencies have ticked up, according to recently released TransUnion data.  “With […]
May 14, 2018

Low Delinquency Rates Signal a Healthy Economy

Despite an especially strong hurricane season last year, the national mortgage delinquency rate fell on an annual basis, signaling a healthier economy, according to CoreLogic’s Loan […]
May 10, 2018

Saldutti Law Group Achieves SOC 1 Compliancy

Saldutti Law Group, a leading credit rights law firm, is pleased to announce it has successfully completed a SOC 1 audit Type 1 examination of the firm’s […]
May 7, 2018

Auto Loan Delinquencies Drive Higher

Auto loans to customers with subprime credit ratings (FICO scores below 620) are risky affairs. During good times and endless cheap money, the high interest rates […]