Media

Data shows that consumers have become increasingly more careful with their debt, as the composite consumer credit default index dropped to a new post-recession low in April, according to the April 2016 S&P/Experian Consumer Credit Default Indices released on Tuesday. Out ...

For months, housing industry analysts have talked about the low inventory of homes available for purchase. A recent survey by Redfin indicates that millennials, a demographic group often mentioned as a key to a healthy housing market in the future, may be to blame ...

Lawmakers’ efforts to chip away at the Dodd-Frank Wall Street Reform and Consumer Protection Act have come almost exclusively from the GOP side of the aisle—until now. The U.S. House of Representatives this week passed H.R. 4096, a bipartisan bill, by ...

Just when the homeownership rate seemed to be on its way back after falling to a 48-year low in the second quarter of 2015, it took another step backward on Thursday. One particular demographic, however, is experiencing a dramatic increase ...

Inconsistencies in the economy during the first quarter have not dampened Freddie Mac’s forecast for housing for the coming year. Freddie Mac has held fast to its prediction that 2016 will be the best year for housing since before the crisis. Freddie Mac ...

In an attempt to prevent banks and other financial institutions from the excessively risky practices that led to the financial crisis and Great Recession, financial industry regulators are seeking comment on a proposed rule that would implement Section 956 of ...

Speaking at a roundtable-style event in a donut shop in New Haven, Connecticut, over the weekend, Democratic presidential hopeful Hillary Clinton addressed the audience about various current hot button topics, one of which was the housing crisis. Clinton said that ...

While the outlook for overall economic growth is darkening, the housing market is expected to keep up its momentum in 2016, according to Freddie Mac’s April 2016 Economic Outlook released on Friday. Freddie Mac downwardly revised its forecast for Q1 GDP growth ...

Dallas, Texas-based Nationstar Mortgage was the only one out of the three largest U.S. non-bank mortgage servicers rated by Moody's to turn a profit during 2015, according to Moody’s Investors Service’s Servicer Dashboard on Thursday. Nationstar’s net income for 2015 was 43 ...