July 14, 2017
On June 29, 2017, the iPhone turned 10 years old. Since the first iPhone was released in 2007, Apple has sold some 1.2 Billion phones and […]
July 13, 2017
July 13, 2017
Americans are seeing higher credit scores than ever as the average national FICO score reached an all-time high, hitting 700 for the first time ever. FICO […]
July 12, 2017
The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications increased in May to levels not seen since 2015, according to First […]
July 11, 2017
Affordability dropped in the second quarter, sinking to its lowest level since 2008, according to the Q2 2017 U.S. Home Affordability Index by ATTOM Data Solutions. The […]
July 7, 2017
July 7, 2017
Conventional wisdom once would have said consumers prefer a traditional bank with branches and humans while digital “direct” banks (those without branches) were only for rate […]
July 6, 2017
July 6, 2017
Delinquencies in both open- and closed-end loans rose in the first quarter of 2017, according to the ABA Consumer Credit Delinquency Bulletin released today. The rise in […]
June 27, 2017
June 27, 2017
Categories
Security alert overload, a source of frustration for bank security departments for some time, appears to have careened out of control. A survey of bank security […]
June 26, 2017
June 26, 2017
Delinquencies and foreclosure rates dropped in May, partially reversing the sudden increase in April, according to Black Knight Financial Services’ First Look report. After rising 13% in April, […]
June 23, 2017
June 23, 2017
For the second year in a row, all of the nation’s largest financial institutions passed their stress tests, meaning each company has enough capital on hand to […]