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March 21, 2018

Auto Finance Delinquencies Level Off; Volume Up

Serious auto finance delinquencies (60 days or more past due) “plateaued” in the fourth quarter, remaining relatively flat at 1.43% as compared with the prior-year quarter, […]
January 26, 2018

States with Most/Least Delinquent Debt

Americans are drowning in debt. Across the United States, 33% of people have debt that has gone into collections, according to a recently released study by […]
January 22, 2018

Credit Card and Second Mortgage Defaults Spike

Default rates in second mortgages and bank cards rose notably in December, suggesting consumers are having trouble managing increased spending.  The second mortgage default rate climbed […]
January 16, 2018

Consumer Confidence Near 17-Year High

Americans ended 2017 feeling very good about the economy.  Consumer confidence hit 122.1 in December, slightly below the 17-year high set in November, 128.6, according to […]
January 3, 2018

Foreclosure Activity Plunges to 11-Year Low

Foreclosure activity hit an 11-year low in this year’s third quarter, as an improving economy and stricter mortgage standards helped stabilize the housing market to pre-2008 levels.  ATTOM Data Solutions […]
January 3, 2018

Best and Worst States for Consumer Credit Scores

Consumer credit varies nationally due to regional variations in income and the cost of living.  According to a new study from LendEDU and Experian, the Northeast […]
December 12, 2017

Mortgage Delinquencies Rise After Hurricanes

The three major hurricanes that caused devastation during August and September were largely responsible for the third-quarter increase in mortgage delinquencies.  The seasonally adjusted delinquency rate […]
November 9, 2017

FHA Loan Delinquency Rate Flattens

Closed-end loans continue to return to normal levels as overall consumer delinquencies remained steady and serious delinquency rates remained near the 10-year low.  However Federal Housing Administration […]
October 24, 2017

Mortgage Default Rates Begin to Rise

Mortgage defaults in September were slightly higher than in the previous month and are still lower than a year ago but they are closer to matching levels seen […]