August 23, 2018
August 23, 2018
Student loan debt is now the second highest consumer debt category – behind only mortgage debt – and higher than both credit cards and auto loans. […]
August 22, 2018
August 22, 2018
According to the American Bankers Association, the percentage of people who are delinquent on their debts (30 days or more overdue) hit 1.73% in the first […]
August 21, 2018
August 21, 2018
America never made up the growth it lost in the 2008 global financial crisis and the recession it triggered. A decade later, U.S. households are still […]
August 20, 2018
August 20, 2018
The rate of mortgage defects was down by more than 8% year-to-year during the month, according to First American Financial Corp.’s Loan Application Defect Index. Among […]
August 17, 2018
It’s no secret that buying a home can be a complicated and even confusing process – and now one survey showed just how stressful Americans say […]
August 16, 2018
August 16, 2018
Payments fraud hit a record high in 2017, with 78% of all organizations affected, according to a report from the Association of Financial Professionals and J.P. […]
August 15, 2018
The 30-plus-day CMBS delinquency rate reached a new post-crisis low in July, at 3.81%, according to research firm Trepp LLC. The figure represents a 168-basis-point decline […]
August 14, 2018
The gap between equity rich homeowners and mortgage borrowers who are seriously underwater narrowed in the second quarter, highlighting the uneven nature of the housing market’s […]
August 13, 2018
August 13, 2018
The risk of mortgage defaults reached its highest point since the second quarter of 2015 as lenders loosen credit, according to VantageScore. With mortgage rates trending […]