recession

May 2, 2019

Most Insurers Believe a Recession is Looming

Most insurers believe that the U.S. will enter an economic recession sometime within the next two years, according to the latest annual Goldman Sachs Asset Management […]
April 15, 2019

Consumer Credit Delinquencies on the Rise

Sound underwriting coupled with family-income and home-price growth have helped push mortgage delinquency rates down.  According to CoreLogic’s TrueStandings data, at the end of 2018 the […]
April 11, 2019

Delinquency and Foreclosure Rates Lowest in 20 Years

In January 2019, 4% of home mortgages were in some stage of delinquency, down from 4.9% a year earlier and the lowest for the month of […]
March 29, 2019

Americans Have Golden Outlook on Retirement

According to the American Institute of CPAs (AICPA), running out of retirement savings is a top concern among retirees. Healthcare costs and maintaining lifestyle are the […]
March 13, 2019

Community Banks Brace for Challenging Year

For community bankers, 2018 was a downward march, culminating in a new low for the Bank Experience Index.  The index, which gauges access to capital, loan […]
March 1, 2019

Over 75% of Economists Predict a Recession by 2021

More than three-quarters of business economists expect the U.S. to enter a recession by the end of 2021, though a majority still estimate the Federal Reserve […]
February 27, 2019

The Housing Market: 2009 vs. 2019

The housing market significantly weakened in the wake of the Great Recession, an economic downturn so dramatic that home values were slashed, origination volumes slowed and […]
February 21, 2019

Auto Loan Delinquencies at Highest Level Since 2010

Borrowers are behind in their auto loan payments in numbers not seen since delinquencies peaked at the end of 2010, according to the Federal Reserve Bank […]
February 20, 2019

Recession Risk Rises to 25% in New Poll

There is a one-in-four chance of a U.S. recession in the next 12 months, a scenario that should keep the Federal Reserve from raising interest rates […]