No one can deny that the mortgage and real estate industries have been uniquely affected by COVID-19. Social distancing mandates have hindered open house...
Time heals countless things, including credit scores. Many of the seven million people who saw their VantageScores drop to sub-prime levels after suffering a...
According to the latest Experian-Oliver Wyman Market Intelligence Report, home equity line of credit (HELOC) originations warmed up significantly heading into...
To learn the status of Americans' current credit card spending, Credit.com recently compiled a list of the states with the highest average bankcard balance...
In my last two posts on bankcard and auto originations, I provided evidence as to why lenders have reason to feel optimistic about their...
With the raising of the U.S. debt ceiling and its recent ramifications consuming the headlines over the past month, I began to wonder what...
By: Kari Michel The topic of strategic default has been a hot topic for the media as far back as 2009 and continues as this...
With the issue of delayed bank foreclosures at the top of the evening news, I wanted to provide a different perspective on the issue...
US interest rates are at historically low levels, and while many Americans are taking advantage of the low interest rates and refinancing their mortgages,...
By: Staci Baker As more people have become underwater on their mortgage, the decision to stay or not stay in their home has evolved...
Since 2007, when the housing and credit crises started to unfold, we’ve seen unemployment rates continue to rise (9.7% in March 2010 *) with...
A recent article in the Boston Globe talked about the lack of incentive for banks to perform wide-scale real estate loan modifications due to...
In my previous two blogs, I introduced the definition of strategic default and compared and contrasted the population to other types of consumers with...
In my last blog, I discussed the presence of strategic defaulters and outlined the definitions used to identify these consumers, as well as other...
For the past couple years, the deterioration of the real estate market and the economy as a whole has been widely reported as a...