unemployment

March 23, 2020

A Message to Our Clients

We hope this note finds you and your families safe and healthy during this time of turmoil and uncertainty.  Throughout the world, society is taking unprecedented measures […]
March 11, 2020

Consumer Lenders Fall Victim to Coronavirus Fears

It’s hard to believe that less than three weeks ago the S&P 500 closed at an all-time high.  This was largely due to the enduring strength […]
March 4, 2020

Average FICO Score Reaches All-Time High

The average U.S. FICO score hit a record high of 703 in 2019, driven by Americans in their 30s, as a strong labor market helped people […]
December 23, 2019

Auto Loan Rejections on the Rise

U.S. consumers might have their pick of employment in today’s robust job market, but that doesn’t mean everyone is getting financed for a car.  A Federal […]
November 14, 2019

Mortgage Lending Will Boom, Then Plunge in 2020

The boost from lower interest rates that’s driving origination volume will continue into the first six months of 2020.  But according to the Mortgage Bankers Association, […]
October 15, 2019

US Household Finances Show Signs of Trouble

US consumers are finding it increasingly difficult for their incomes to comfortably cover all expenses. This could mean that some will be unable to repay their […]
September 19, 2019

Best and Worst States for Credit Conditions

CardRatings.com released new research ranking the best and worst states for credit conditions. Highlighted by stark differences in credit circumstances across the U.S., the analysis helps […]
July 15, 2019

Mortgage Delinquency Rate Lowest in 20 Years

Americans are now better at paying their mortgages on time than any point in the past 20 years. According to CoreLogic’s latest monthly Loan Performance Insights […]
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 […]