August 3, 2020
August 3, 2020
Categories
The U.S. economy suffered its sharpest downturn since at least the 1940s in the second quarter, highlighting how the pandemic has ravaged businesses across the country […]
August 3, 2020
August 3, 2020
Categories
New mortgage delinquencies hit a record in April, well above anything seen during the Great Recession. Some 3.4% of Americans became at least 30 days delinquent […]
July 9, 2020
July 9, 2020
Categories
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed their overall new business volume for May was $6.7 billion, down 26% year-over-year from new […]
July 9, 2020
July 9, 2020
Categories
Though the numbers haven’t shown it yet, many are bracing for a spike in personal bankruptcies once coronavirus relief efforts and stay-at-home orders have been exhausted. […]
July 9, 2020
July 9, 2020
Categories
Bankers are beginning to worry that a surge in new coronavirus cases in states that were quick to reopen will make it tougher for the economy […]
July 9, 2020
July 9, 2020
Categories
Banks have pulled back sharply on lending to U.S. consumers during the coronavirus crisis. One reason: They can’t tell who is creditworthy anymore. Millions of Americans […]
June 8, 2020
June 8, 2020
Following April’s record one-month decline, consumer confidence inched upward in May by an insignificant amount, according to the University of Michigan Surveys of Consumers. The Sentiment […]
June 8, 2020
June 8, 2020
Today, the National Bureau of Economic Research said the U.S. economy peaked in February, ending the longest expansion in U.S. history at 128 months, or about […]
June 8, 2020
June 8, 2020
Black Knight, Inc. continues to monitor the impact of the COVID-19 pandemic on the U.S. mortgage market. Black Knight tracks loan-level forbearance and performance data on […]