debt

July 12, 2019

33% of Americans Have Cut Their Spending

When it comes to money, do most people prefer to spend, save, donate or invest?  The answer may come as a surprise. Contrary to what you […]
July 11, 2019

States with the Highest Mortgage Debt

A home is the largest purchase most Americans make in their lifetimes. The typical American home now costs over $200,000 – significantly more money than most […]
June 10, 2019

Credit Card Delinquencies Rise Among Young Adults

Credit-card delinquency rates are rising, particularly among young people who are now more likely to have a credit card than a decade ago. Millennial and Gen […]
June 6, 2019

Household Debt Hits $13.67 Trillion

Total U.S. household debt rose 0.9% from the prior quarter to $13.67 trillion in the first three months of 2019, about in line with the pace […]
March 27, 2019

Commercial/Multifamily Mortgage Debt Spikes

Commercial and multifamily mortgage debt outstanding grew 6.8% in 2018, benefiting from strong employment numbers and strained inventory, according to the Mortgage Bankers Association.  With a […]
February 26, 2019

FinTechs Lead Banks in Personal Lending

FinTechs, not traditional banks, appear to be preferred method of taking out unsecured personal loans in the U.S., with the market hitting an all-time high last […]
January 22, 2019

Foreclosures Fell to 13-Year Low in 2018

Foreclosure activity has reached its lowest point since 2005, falling 8% from the previous year, according to ATTOM Data Solutions.  Foreclosure filings – which include default […]
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 […]
November 1, 2018

Weakening Credit Conditions Put Mortgage Lending at Risk

Credit ratings agency, Moody’s Investors Service, just released a report citing deterioration in overall loan quality in the mortgage lending market.  The analysts there think the […]