As the amount of money consumers owe on their home grows, is their level of concern rising with it?
Read More »U.S. Supreme Court Weighs in on Ticking FDCPA Timer
Although Fair Debt Collection Practices Act language appears to be rather clear-cut, in law, shadows can often be created out of seemingly transparent passages.
Read More »Mortgage Debt Hits New Highs
According to new data, as of Q3 2019, mortgage debt is now above the 2008 high of $14.7 trillion.
Read More »Loan-to-Value Ratios, Credit Scores Rise in Q3 2019
What led DTI ratios to decline at the end of 2019? Click through to find out.
Read More »Mortgage Debt Hits New Highs
According to the New York Fed, household debt is now $1.3 trillion higher than the previous peak. Here's how delinquency is impacting that debt.
Read More »Debt and the Widening Black Homeownership Gap
Black homeownership is at its lowest level in decades, and according to new research, this is especially true for younger black potential homebuyers.
Read More »Where Bad Credit Can Be Repaired
Apartmentguide.com released its best cities to repair bad credit and found that New Brunswick, New Jersey, to be the best market to repair bad credit. The release states that New Brunswick is New Jersey’s fastest-growing market, has a lower average ...
Read More »DTI’s Ties to Mortgage Default Rates
The FHA has signaled that it may tighten credit, noting that the debt-to-income (DTI) ratio for FHA-insured loans has been consistently increasing for six years. In a new report, find out just how much DTI impacts defaults and repayments.
Read More »Homeowner Debt and HELOCS
Personal loan volume increased threefold between 2011 2018, but according to a new report, U.S. homeowners have significant opportunity to use HELOCs to replace higher cost sources of credit.
Read More »Consumers Weigh in On Fed Rate Cuts and Mortgages
With economists predicting a second rate cut around the corner, a recent survey from WalletHub examines how consumer think interest rate cuts will impact their mortgages.
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