Uncategorized

June 21, 2017

Study Discovers New Segment of Digital Banking Users

A recent study from financial services technology leader FIS reveals the emergence of “Gen MX,” a new segment of higher-income Gen Xers and senior millennials.  This segment […]
June 16, 2017

The Cost of Attending a Wedding in 2017

Wedding season is upon us.  According to theKnot.com, the average cost of a wedding in 2016 rose to an all-time high of $35,329.  But modern weddings […]
June 15, 2017

Homeowner Equity On the Rise

Homeowner equity increased significantly in the first quarter of 2017, according to the Q1 2017 home equity analysis from CoreLogic.  Homeowners with a mortgage, about 63% of […]
June 14, 2017

Is the New Household Debt Record Cause for Concern?

Last month, the New York Federal Reserve reported that household debt across the nation has hit a dubious milestone in the first quarter: It surpassed the […]
June 13, 2017

New Home Sales Less Than Half of Historical Norms

The current level makes up 88.3% of the 50-year average, according to a report from Trulia. However, new home sales are unable to keep up with the […]
June 12, 2017

Banks See Slower Loan Growth, Higher Charge-Offs

FDIC-insured banks reported that the pace of loan growth slowed in the first quarter and that charge-offs on loans to individuals increased. But banks still recorded […]
June 9, 2017

Beige Book: Slower Growth, Less Optimism

Economic growth slowed across parts of the U.S. in recent weeks, and some firms have become a bit less optimistic about the future, according to a […]
June 8, 2017

Foreclosure Activity Hits Post-Recession Low in April

ATTOM Data Solutions released its April 2017 U.S. Foreclosure Market data, which shows foreclosure filings – default notices, scheduled auctions and bank repossessions – were reported […]
June 7, 2017

Mortgage Origination Volume Falls 34%

Mortgage origination volume fell 34% in the first quarter compared with the fourth quarter, driven mainly by a 45% drop in refinances, according to Black Knight Financial […]