With weather fogging the picture, February jobs data provides little clarity
For the third straight month, jobs report data did little to encourage economists, investors or lenders that the nation's recovery is continuing at full steam.
House committee chair demanding answers from CFPB
The U.S. Consumer Financial Protection Bureau (CFPB) is under increasing pressure to provide evidence of the alleged discrimination it has found within the auto lending market.
Filling the retirement-funding void with reverse mortgage solutions
As home prices rose throughout 2013, many Americans saw significant returns on their original investments in the form of accrued equity.
Credit unions getting creative in QM world
Since the advent of the Qualified Mortgage and Ability-to-Repay rules, as implemented by the U.S. Consumer Financial Protection Bureau, many smaller lenders have been concerned that the increased regulation might jeopardize their mortgage servicing business.
The student loan debt issue and its continued effects on housing
The massive amount of student loan debt still holding back a generation of Americans is beginning to adversely impact other corners of the economy and threaten long-term growth.
NCUA awards $500,000-plus in grants
The National Credit Union Administration recently announced that it awarded more than $500,000 in grants to 127 lower-income credit unions in the hopes of allowing them to expand their product offerings.
Leases, long-term loans continue to grow in popularity for car shoppers
Financing is still the most common means of paying for a car, but auto leasing is rapidly growing in popularity.
Fed votes to stay the tapering course
Federal Reserve officials voted almost unanimously to continue tapering the quantitative easing program at their March meetings.
New decisions by FHFA getting positive marks
Mel Watt, director of the Federal Housing Finance Agency, is adjusting the lending standards his predecessor laid out.
Pending homes sales up for second straight month
Pending home sales showed improvement for the second consecutive month in April, according to the National Association of Realtors.
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