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February 22, 2017

Cybercriminals Target Online Lenders

Financial organizations are being increasingly targeted by cybercriminals looking to capitalize on alternative lending and payment models. Although the entire financial services industry is a hotbed […]
February 21, 2017

Will Household Debt Hit New Record in 2017?

Americans’ debt balances rose “substantially” in the final quarter of 2016, according to the Federal Reserve Bank of New York.   Household debt totaled $12.58 trillion as […]
February 15, 2017

Home Sales Close Out 2016 on High Note

Hopes are high for this year as 2016 closed out pending home sales on a high note, however low inventory continues to dampen the high spirits.  […]
February 14, 2017

Cautious Cupid: Consumers More Frugal this Valentine’s Day

After a decade-long increase, Valentine’s Day spending is expected to decline this year, according to the annual survey released today by the National Retail Federation (NRF) […]
February 13, 2017

Consumers Visit an ATM at Least Once a Month

A new ATM study by TD Bank found that although the majority of respondents (71%) primarily use their debit card for everyday purchases like gas, coffee, and […]
February 10, 2017

New Administration Brings New Tax Laws for 2017

As a new administration takes up residence in the White House, most Americans are preparing to file their 2016 taxes. But if the new administration has […]
February 9, 2017

New Business Volume Down 3% from 2015

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), showed their overall new business volume for December was $12.1 billion, down 3% year-over-year from new […]
February 7, 2017

It Will Be Harder to Find a Home This Year

According to several recent industry reports, the amount of residential housing available for sale is low. In fact, according to Pro Teck Valuation Services’ Home Value Forecast for […]
February 6, 2017

Home Equity Demand Picks Up

Thanks to a confluence of factors, many banks and credit unions are predicting a surge in originations of both home equity loans and home equity lines […]