OCC: Mortgage Performance Improved Year-on-Year
The share of current and performing first-lien mortgages rose to 95.6 percent for the first quarter, up from 94.9 percent ...
Tag: Consumer lending
Consumer Delinquencies Up in First Quarter
Delinquencies in both open- and closed-end loans rose in the first quarter of 2017, according to the ABA Consumer Credit ...
ABA Survey: Majority of Americans Prefer to Apply for Mortgages In Person
The majority of American consumers across all age groups -- 60 percent -- say they still prefer to apply in ...
Trades: Proposed Disclosure Model for Student Accounts Add No Value for Students
In a joint letter with the Consumer Bankers Association today, ABA offered feedback to the Department of Education on the ...
ABA Submits Recommendations for Housing Finance Reform
As part of the banking industry’s continuing response to President Trump’s executive order outlining “core principles” for financial regulation, ABA ...
Fed Survey Finds Increasing Financial Well-Being as Economy Grows
Seven in 10 U.S. households surveyed last fall said they are “doing okay” or “living comfortably,” according to the Federal ...
ABA Expresses Concern about Using Alternative Data for Credit Scoring
Banks are generally open to the idea of using alternative data sources -- such as mobile phone bills and rent ...
Consumers Anticipate Higher Home Prices, Easier Access to Mortgage Credit
More Americans expect home prices to rise in 2017 than in 2016, according to results from the Federal Reserve Bank ...
Fed Survey: Banks Continue to Tighten on CRE Lending
Bankers continued tightening credit for commercial real estate and certain consumer loans in the first quarter of 2017, while easing ...
ABA Calls for Better Rules to Encourage Small-Dollar Credit
In a sixth white paper to the Treasury Department today, ABA highlighted the important role that small-dollar credit plays in ...
