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May 23, 2016

Are House Prices Creeping Toward Bubble Territory?

A decade ago, a bubble in house prices led to the worst financial crisis since the Great Depression.  House prices then collapsed, falling below their long-term […]
May 16, 2016

Consumers Increase Savings But Carry Credit Card Balances

Consumers are increasing the balances of their personal savings accounts, but at the same time there is an increase in those who rollover their monthly credit […]
May 9, 2016

FinTech Threatens 30% of Bank Jobs

A wave of innovation has made it possible for people to get their banking done without walking into a branch if they don’t want to. People […]
May 4, 2016

FTC Obtains $13.4M Judgment in Financing Scheme

A federal court found BlueHippo Funding LLC, BlueHippo Capital LLC and Joseph Rensin in contempt for operating an allegedly deceptive computer financing scheme in violation of […]
May 3, 2016

Entry Level Home Prices Shut Out First-Time Buyers

A new report from Zillow says home values are rising fastest in the entry-level segment in more than half of the largest U.S. housing markets. This, […]
May 3, 2016

Saldutti Law Group Welcomes New Attorney

Saldutti Law Group, a complete creditors’ rights and collection firm, is pleased to announce the addition of Rebecca K. McDowell, Esq. to the firm.  Rebecca joins the […]
April 26, 2016

Banks Consolidate; Local Lenders Vanish

Where have all the bankers gone?  The continental lenders, with their corner branches – Wells Fargo and PNC, Citizens, TD and Bank of America – still compete with JPMorgan Chase, Capital One, and other branchless brands […]
April 25, 2016

March Bankruptcy Filings Show Decline from 2015

Total U.S. bankruptcy filings continue to decline year-over-year, falling 5% in the first calendar quarter (Jan. 1 – March 31) of 2016 from the same period […]
April 19, 2016

Lenders Need to Prepare for Cyber Attacks

The sudden ordinariness of corporate data breaches has led to feelings of helplessness inside the financial industry.  That sense of despair is apt to be particularly […]