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October 29, 2015

Vacant ‘Zombie’ Foreclosures Down 43%

RealtyTrac released its Q3 2015 U.S. Zombie Foreclosure and Vacant Property Report, which shows 20,050 residential properties in the foreclosure process – but not yet repossessed […]
October 28, 2015

Consumer Loan Delinquencies Decline Sharply

Consumer loan delinquencies fell sharply in the second quarter ended June 30, thanks to large drops in home loan-related delinquencies, according to the American Bankers Association (ABA).  […]
October 23, 2015

The Most Expensive Place to Raise a Family

The amount that a 2-parent, 2-child family needs just to pay the bills (but not have money left over for savings) ranges from about $50,000 to more […]
October 20, 2015

Late Payments on Home Equity Loans Hit Post-Crisis Low

U.S. homeowners continue to take advantage of rising house prices to dig themselves out of the hole created by the Great Recession.  In the second quarter, […]
October 19, 2015

Banks Plan to Spend More on Tech in 2016

Driven by the need to secure computer systems, develop analytic capabilities and enhance customer-facing platforms, most banks are planning substantial increases in spending across a wide […]
September 28, 2015

Fed Can’t Solve Housing Puzzle Alone

“There has never been a better time to buy a home.”  That phrase, or variations on it, can be found in thousands of advertisements from real-estate agents and home […]
September 23, 2015

The Reason(s) Borrowers Can't Pay Their Mortgage

Loan performance has improved since the housing crisis. But credit challenges persist, while higher housing costs combined with a plateau in wages have put increased strain […]
September 11, 2015

Never Forget: 9/11 Anniversary Facts & Figures

Most of us still remember it like it was yesterday.  September 9, 2001 – the dark day that shook the whole world. A massive attack was […]