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The Best U.S. Cities for Raising a Family in 2023

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A new study from WalletHub revealed which cities throughout the nation are ranked the best and worst places to raise a family, with half of the top 10 best areas located in California, while Midwestern cities like Detroit and Cleveland came in last.

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Housing Market Potential Increased Modestly in May

"Our Potential Home Sales Model increased modestly in May, but is still down 5.7% from a year ago,” said Mark Fleming, Chief Economist at First American. “The primary factor limiting housing market potential is existing homeowners staying put."

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Critical Defect Rate Falls to Under 2%

“After last quarter’s historic high of 2.47%, the reduction in Q4’s critical defect rate to a sub-2% level is encouraging and illustrates just how much the precipitous drop in origination volumes impacted lending operations,” said ACES EVP Nick Volpe.

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OCC Measures Key Risks Impacting the Banking System

After closely monitoring the condition of the institutions it supervises throughout the market stress this spring, a new report from the OCC examines how financial institutions have managed risk and restored confidence in the banking system in Q1.

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