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May 19, 2020

Serious Mortgage Defaults will Surge in 2021

After over two years of falling delinquency rates, the burgeoning unemployment following the coronavirus shutdown will bring a surge of outstanding mortgages, according to CoreLogic’s Loan […]
May 19, 2020

Fed Warns of Widespread Business Failures

Federal Reserve officials warned the virus outbreak and a partial shutdown of the U.S. economy would result in a decline in the current quarter of historic […]
May 19, 2020

Bankers Expect Recession Into 2021

Even as states begin to lift stay-at-home orders in hopes of jump-starting their sagging economies, many banking executives are bracing for a prolonged slowdown that could […]
April 28, 2020

Surge in Late Payments for Retail Market

Trepp, a leading provider of information, analytics, and technology to the structured finance, commercial real estate, and banking markets, has released a research report on the […]
April 28, 2020

Coronavirus and Equipment Finance

What is the state of the U.S. economy and the equipment finance industry in the face of the global COVID-19 pandemic?  This was the focus of […]
April 28, 2020

Coronavirus Crisis: Mountains of Debt

The full impact of the coronavirus pandemic may take years to play out. But one outcome is already clear: Government, businesses and some households will be […]
April 28, 2020

Lenders Brace for Impact of Card Delinquencies

Millions of Americans are skipping their credit-card payments as the coronavirus pandemic puts them out of work. Banks and other lenders that for years relied on […]
April 17, 2020

Collection and Workout Strategies in the Coronavirus Era

As the growing impact of COVID-19 becomes clear, Saldutti Law Group is here to assist you with the unprecedented and wide-ranging challenges the COVID-19 outbreak poses […]
April 9, 2020

Huge Spike in Mortgage Loan Forbearance as Payments Stop

The number of U.S. homeowners who have stopped making mortgage payments is surging under the federal government’s new forbearance program, according to a survey from the […]