According to the American Bankers Association, the percentage of people who are delinquent on their debts (30 days or more overdue) hit 1.73% in the first […]
America never made up the growth it lost in the 2008 global financial crisis and the recession it triggered. A decade later, U.S. households are still […]
The rate of mortgage defects was down by more than 8% year-to-year during the month, according to First American Financial Corp.’s Loan Application Defect Index. Among […]
Payments fraud hit a record high in 2017, with 78% of all organizations affected, according to a report from the Association of Financial Professionals and J.P. […]
The 30-plus-day CMBS delinquency rate reached a new post-crisis low in July, at 3.81%, according to research firm Trepp LLC. The figure represents a 168-basis-point decline […]
The gap between equity rich homeowners and mortgage borrowers who are seriously underwater narrowed in the second quarter, highlighting the uneven nature of the housing market’s […]
The risk of mortgage defaults reached its highest point since the second quarter of 2015 as lenders loosen credit, according to VantageScore. With mortgage rates trending […]