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Articles in "The Economy"
Consumer credit defaults, including on first and second mortgages, fell to a new post-recession low in March.
The composite Standard & Poor’s/Experian index fell to 1.96% in March, its lowest level since it sat at 1.85% in July 2007.
Defaults...
Consumer sentiment dipped slightly in a preliminary reading for April, according to a report released Friday.
The Thomson Reuters/University of Michigan index fell to 75.7 from 76.2 in a final March reading. That had...
Consumer sentiment dipped slightly in a preliminary reading for April, according to a report released Friday.
The Thomson Reuters/University of Michigan index fell to 75.7 from 76.2 in a final March reading. That had...
While the strength of the overall economy remains somewhat in a state of uncertainty, U.S. states in 2011 managed to increase their tax collections, suggesting some signs of stabilization within local economies, according to government data.
Tax collections for all U.S. states increased...
While the strength of the overall economy remains somewhat in a state of uncertainty, U.S. states in 2011 managed to increase their tax collections, suggesting some signs of stabilization within local economies, according to government data.
Tax collections for all U.S. states increased...
Mortgage rates declined for the third consecutive week as the 30-year, fixed-rate mortgage averaged just above its record low while the 15-year FRM hit a new all-time record low.
The Freddie Mac survey showed 15-year FRM, a popular refinancing choice, averaged 3.11%, down...
More Americans stood in line for jobless benefits in early April, reaching a level not seen since late January.
Jobless claims edged up again last week after experiencing a minor drop a week...
A proposed deal to sell the consumer business of BankAtlantic Bancorp ($12.33 0%) to BB&T...
A proposed deal to sell the consumer business of BankAtlantic Bancorp ($12.33 0%) to BB&T...
The 127,300 Chicago mortgages on the verge of foreclosure in January is an increase of 1.5% from one year ago, according to the Obama administration scorecard released last week.
Where the foreclosures are located is notable, as nearly one in four mortgages in Chicago back properties in...
Optimism among chief financial officers grew in the first quarter on moderate jobs growth, rising earnings and an upswing in capital investments, accounting firm Deloitte said a first-quarter survey of CFOs.
While reports show corporate earnings beginning to level...
Optimism among chief financial officers grew in the first quarter on moderate jobs growth, rising earnings and an upswing in capital investments, accounting firm Deloitte said a first-quarter survey of CFOs.
While reports show corporate earnings beginning to level...
A new Fannie Mae study suggests Americans are beginning to consider 2012 a good year to acquire a home.
The GSE released its March National Housing Survey of just over 1,000 Americans and found more citizens expect rents and home prices to increase in the coming months,...
A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:
Banks will begin to report first-quarter results on Friday. Bank stocks shot up 24% this year, their steepest ascent in any quarter since the end of...
The Basel Committee on Banking Supervision issued its second progress report on the United States implementation of Basel III.
In December 2010, the committee released Basel III, which set higher levels for capital requirements and introduced a new global liquidity...