Consumer Delinquencies Decline to Record Low in Second Quarter of 2021
Consumer credit delinquencies fell to a record low in the second quarter of 2021 as the economy continued to rebound, ...
Tag: Delinquencies
OCC: Mortgage Performance Improves in Second Quarter
The share of current and performing first-lien mortgages in the second quarter of 2021 was 95%, up from 91.1% a ...
Avoiding Fraudulent Transfer Claims from Loan Workouts
Here are five actions banks can take to stay out of trouble.
The Regulated World of Healthcare Lending and Restructuring
By considering the unique aspects of healthcare financing, the associated risks can be factored into the pricing and structure of ...
CFPB Issues Report on Mortgage Servicing During COVID-19
The Consumer Financial Protection Bureau today released a report highlighting data collected from 16 bank and non-bank mortgage servicers between ...
Household Debt Rises by $313 Billion in Second Quarter
Total household debt increased 2.1% in the second quarter of 2021, rising by $313 billion to land at $14.96 trillion, ...
Consumers Remain Resilient as the Economy Rebounds
While delinquency rates and other indicators of consumer financial stress may rise as COVID-19 support programs are phased out, most ...
Consumer Delinquencies Decline in First Quarter of 2021
Consumer credit delinquencies declined in the first quarter of 2021—following a rise the prior quarter—as the economy rebounded strongly, according ...
OCC: Mortgage Performance Declines in First Quarter
The share of current and performing first-lien mortgages in the first quarter of 2021 was 94.2%, down from 96.5% a ...
CFPB Reports Examine Mortgage Loans in Forbearance, Consumer Complaints
A recent analysis of mortgages by the CFPB found that an estimated 4.7% of owner-occupied properties were in forbearance as ...
