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March 14, 2019

Credit Card Balances End Year At Record High

U.S. credit card debt hit $870 billion – the largest amount ever – as of December 2018, according to the data from the Federal Reserve. Credit […]
March 13, 2019

Community Banks Brace for Challenging Year

For community bankers, 2018 was a downward march, culminating in a new low for the Bank Experience Index.  The index, which gauges access to capital, loan […]
March 12, 2019

Negative Equity Spikes in 4Q 2018

U.S. homeowners with mortgages increased their equity by an average $9,700 between the fourth quarter of 2017 and one year later.  Data from CoreLogic reveals that […]
March 6, 2019

Mortgage Delinquencies on the Rise

Loan delinquencies for household debt have remained consistent over the past year, but Moody’s Investors Service predicts this is about the change.  A new Federal Reserve […]
March 5, 2019

Mortgage Fraud Risk Jumps 4.6%

In January, declining mortgage rates mixed with higher loan applications led to more risk of fraud and other errors in the home loan applications, according to […]
March 1, 2019

Over 75% of Economists Predict a Recession by 2021

More than three-quarters of business economists expect the U.S. to enter a recession by the end of 2021, though a majority still estimate the Federal Reserve […]
February 27, 2019

The Housing Market: 2009 vs. 2019

The housing market significantly weakened in the wake of the Great Recession, an economic downturn so dramatic that home values were slashed, origination volumes slowed and […]
February 25, 2019

Foreclosures and Delinquencies at Low Level in 10 Years

Mortgage delinquency rates and foreclosures have dropped to their lowest rates in 10 years, according to a recent CoreLogic Loan Performance Insights report. The report found […]
February 22, 2019

Only Half of Homes are Affordable for Average Buyers

Housing affordability continues to hover near a 10-year low, and the National Association of Home Builders is urging policymakers to do something about it. Of the […]