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Banks Cut Lending Rates After Fed Action on COVID-19

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
Bank Stocks Caught in the Crossfire

Bank Stocks Caught in the Crossfire

Stock market dropped an unprecedented amount over the last several business days, bank stocks dropped along with it
Problematic Mortgages on the Decline as Refinancing Rises

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
Real Estate Confidence Climbs for Third Consecutive Month

Real Estate Confidence Climbs for Third Consecutive Month

A shortage in housing supply is continuing to bolster competition among homebuyers across the country
Third Quarter Brings Mixed Bag for Loan Delinquencies, ABA Data Shows

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

US Housing Market Continues to Outperform Expectations

Housing starts grew to almost 1.4 million units, more than 3%
Banks are Losing the Battle for Personal Loans: But Consumers are the Real Victims

Banks are Losing the Battle for Personal Loans: But Consumers are the Real Victims

These loans are equivalent to legal loan sharking
United States Home Sales Showing Positive Signs for Growth

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
United States Fines Former Deutsche Bank Managing Director

United States Fines Former Deutsche Bank Managing Director

Charges are that he misled investors regarding the risks involved in the loans surrounding $1.42 billion in mortgage-backed securities
Addressing an Apparent Contradiction in Credit Scores

Addressing an Apparent Contradiction in Credit Scores

How can credit scores be so good when a downturn is increasingly likely?
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