June 7, 2017

Mortgage Origination Volume Falls 34%

Mortgage origination volume fell 34% in the first quarter compared with the fourth quarter, driven mainly by a 45% drop in refinances, according to Black Knight Financial […]
June 6, 2016

Big Banks Warn of Slipping Credit

The heads of several big banks warned of looming deterioration in their loan books at a recent industry conference.  In the years following the crisis, asset […]
December 3, 2015

Auto Lending Hits New Record, Refuels Subprime Fears

U.S. consumers are shouldering record levels of debt to get behind the wheel of an automobile.  In the third quarter, the amount of automotive debt outstanding […]
October 5, 2015

Sub-prime Mortgages Continue to Climb

Mortgage originations to those with subprime credit scores continued to climb steadily over the first 5 months of 2015, according to data from the latest Equifax […]
February 6, 2015

Will Sub-Prime Mortgages Make a Comeback?

The widespread return of the sub-prime mortgage business will be the big event for the mortgage industry in 2015.  This may seem like one of the […]