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BIS Urges Central Banks to Keep Pace wit…
Lloyds to Transfer 10 Million Cards to V…
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Banks Grant Millions of Payment Deferrals During Pandemic
New York-based Signature Bank says roughly 14% of its loan book is seeking to defer payments as the pandemic challenges cashflow
Loan Applications Spike After Fed Rate Cut
More central bank action expected after Bank of England also cuts interest rate to offset COVID-19 effect on economy
Banks Cut Lending Rates After Fed Action on COVID-19
US banking groups have reduced their prime and reference lending rates following yesterday’s Federal Reserve rate cut
Problematic Mortgages on the Decline as Refinancing Rises
Errors and attempted fraud connected to mortgage applications fell by 3% in January and is down by more than a quarter year-on-year
Third Quarter Brings Mixed Bag for Loan Delinquencies, ABA Data Shows
Credit card late payments fell but auto, home and personal loans all saw delinquencies rise in Q3
US Housing Market Continues to Outperform Expectations
Housing starts grew to almost 1.4 million units, more than 3%
United States Home Sales Showing Positive Signs for Growth
Home sales grew over the last sixty days faster than it has in more than a decade
Addressing an Apparent Contradiction in Credit Scores
How can credit scores be so good when a downturn is increasingly likely?
HELOC Decline Hurting Banks: Here’s Why
After the housing bubble burst, consumers have been less willing to tap into equity on their homes
The Federal Reserve Is Expected To Cut Rates Again This Week
It would be the third consecutive rate cut
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