Great Recession

February 7, 2018

Homeownership Rate Reaches 3-Year High

The national homeownership rate reached its highest level since the fourth quarter of 2014, increasing slightly in the last quarter of 2017, according to the Quarterly […]
September 5, 2017

Americans are Getting Better at Paying Mortgages

Over the last few weeks, report after report all show the same thing – more Americans are paying the mortgages on time right now than at any time since […]
August 28, 2017

Mortgage Delinquencies Hit New Post-Recession Low

Mortgage delinquencies are continuing to fall, hitting a new low in the second quarter, a recent report from TransUnion showed.  This confirms reports from S&P Dow Jones Indices […]
August 25, 2017

Consumer Confidence Rises to Highest Level Since January

Consumers became more confident during the first half of August than at any point since January, according to the Survey of Consumers conducted by the University of […]
August 24, 2017

Banks Cut Back on Risky Lending

For the first time since 2012, lenders are making fewer subprime loans, according to a new report from TransUnion.  Subprime loans are those made to consumers with […]
August 9, 2017

Homeownership Up From 50-Year Low

The U.S. homeownership rate climbed in the second quarter, a signal that the sharp downward spiral that began after the housing crash is finally reversing.  The […]
August 2, 2017

Subprime Auto Defaults are Soaring

It’s classic subprime: hasty loans, rapid defaults, and, at times, outright fraud.  Only this isn’t the U.S. housing market circa 2007. It’s the U.S. auto industry […]
May 23, 2017

Household Debt Hits New Record

Household debt is topping its 2008 peak prior to the housing crash. Total household debt has risen to $12.73 trillion in the first quarter, the Federal […]
April 28, 2017

Subprime Student Loans Resemble Pre-Crisis Mortgage Loans

Millions of U.S. parents have taken out loans from the government to help their children pay for college … now a crushing bill is coming due.  […]