banks

May 7, 2019

Banks Hold On to Riskier Credit Card Loans

The credit card loans that banks bundle into bonds and sell to investors are outperforming the loans that lenders have held onto, according to a recent […]
April 30, 2019

Credit Card Charge-Offs Rise

Red flags are flying in the credit-card industry after a key gauge of bad debt jumped to the highest level in almost seven years. The charge-off […]
December 17, 2018

What Will the Changes in Lease Accounting Affect Banks?

Banks are bracing for the impact – on two fronts – of a new federal rule that will change how companies account for the cost of […]
December 4, 2018

Corporate Debt at Potentially Risky Levels

The U.S. economy is showing some vulnerabilities as investors increasingly buy up risky corporate debt and businesses rely on “historically high” borrowing levels, according to the […]
September 21, 2018

Banks Need to Regain Public Trust

Banks have seen their reputation with the public tumble since the financial crisis.  A recent poll published by the American Enterprise Institute sheds some light on […]
May 23, 2018

Mortgage Delinquencies Improve But Face Pressure

Late payments on single-family home mortgages improved on a consecutive quarter basis as more recovery from Hurricanes Harvey and Irma took hold, but more potential loan […]
May 22, 2018

March Equipment Leasing Business Volume Up 18%

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed their overall new business volume for March was $9.1 billion, up 2% […]
May 19, 2018

Saldutti Law Group Welcomes Commercial Litigation Attorney

Saldutti Law Group, a complete creditors’ rights and collection firm, is pleased to announce the addition of Andrew P. Chigounis to the firm.  Andrew joins the […]
May 17, 2018

Multifamily Rents on the Rise

The U.S. multifamily rent average climbed $4 in April, moving from $1,333 to $1,337 according to a survey of 121 markets by Yardi-Matrix.  More than just […]