A hub for independent voices and hard truths
Many commercial real estate (CRE) loans are set to mature in 2025 and 2026, requiring refinancing for loans that were underwritten when interest rates were at historic lows in 2020 and 2021. As interest rates have significantly increased, the current …
Many Americans are car poor. A recent Edmunds report found a disturbing trend: An increasing number of consumers with auto loans had negative equity, meaning they owe more on their vehicle than it’s worth — a lot more. As of …
Discrimination is the process of making unfair or prejudicial distinctions between people based on the groups, classes, or other categories to which they belong or are perceived to belong, such as race, gender, age, religion, physical attractiveness or sexual orientation. …
US: Bank prime loans & NFIB short-term loan rates Soon to fall? 🤔 pic.twitter.com/SLE8afYmoM — Win Smart, CFA (@WinfieldSmart) October 9, 2024 “The most recent surveys by the NFIB show that business conditions are deteriorating quickly for smaller companies that …
https://www.reddit.com/r/wallstreetbets/comments/1ff6qe4/borrowed_300k_in_11_personal_loans_and_yolod_into/
C&I lending slowed down in tandem with residential lending during the 01′ Recession and Great Recession and didn’t recover for years. They’re connected/correlated markets. https://www.aei.org/carpe-diem/commercial-lending-has-almost-completely-recovered-from-the-great-recession-and-faster-than-after-2001-recession/ h/t Mrbumboleh
https://www.fdic.gov/system/files/2024-09/qbp.pdf Finra, a Wall Street regulator is understating Margin Debt by more than $4 TRILLION dollars, by not counting gigantic Meme Banks who make Margin Loans to Hedge Funds Most market watchers rely on the monthly margin debt figures published …
By Pam Martens and Russ Martens: September 3, 2024 ~ The Office of Financial Research (OFR), the federal agency created after the 2008 financial collapse on Wall Street to defog the lenses of federal regulators to prevent a replay of …
Just pandering for votes! pic.twitter.com/mrwPX09cPv — Donna Marie (@sabback) August 28, 2024 View post on imgur.com WASHINGTON — The Supreme Court on Wednesday rebuffed a Biden administration plea seeking to revive the latest plan to tackle federal student loan debt. …
(The Center Square) – The California Senate passed a contentious bill to allow for undocumented immigrants to use the state’s zero-down, zero-interest home “loans” program despite national backlash following coverage of the bill’s looming passage. With 23 votes for and …
Newsom must want to fast track bankruptcy? — floridanow1 (@floridanow1) August 26, 2024 🚨🇺🇸CALIFORNIA TO CONSIDER $150,000 HOME LOANS FOR ILLEGAL IMMIGRANTS California is close to approving a measure that would make illegal immigrants eligible for up to $150,000 in …
Off to the races! The Consumer Finance subindex reflects the number of intakes related to consumer finance issues such as billing disputes, auto repossessions and payday loans, as a share of total intakes across all areas of law. pic.twitter.com/CwtdHZLp8f — …
California’s Mortgage Support Scheme: The article discusses California’s AB-1840 bill, which aims to expand the existing California Dream for All program. This program provides assistance to eligible first-time homebuyers, including both U.S. citizens and immigrants. The bill clarifies that the …
https://fred.stlouisfed.org/series/DRCCLACBS Large banks are doing better, although delinquencies have risen quite bit recently. Still concerning for the 4400 other banks. Delinquency transition rates for credit cards, auto loans, and mortgages increased slightly in the second quater of 2024, per the …
Worries about the economy and a seemingly slow-footed response from the Fed, along with concerns over corporate earnings, dragged markets Monday. Put that against the backdrop of a stock market with high valuation, and it had all the makings of …
Even $2Tn deficits not working? — Chart Cruncher (@NaughtonPaolo) July 16, 2024 Consumer loans delinquencies are steadily marching higher Unemployment is creeping up Corporate profits are cooling off pic.twitter.com/CsTOmBbGlm — Win Smart, CFA (@WinfieldSmart) July 15, 2024 Trucking Employment Continues …
The CBO fiscal budget releases have pointed to two write downs of EIDL loans in the past 13-14 months. https://t.co/JR3ZRjRkJI — Neely (@NeelyTamminga) July 10, 2024 What’s curious to me @FreightAlley is that most did not have to put up …
Some Wall Street banks are quietly offloading their portfolios of commercial real estate loans, hoping to cut their losses. These actions stem from concerns that landlords of vacant and struggling office buildings may not be able to pay off their …
Let’s dive into the world of commercial real estate (CRE) loans and their current situation. CRE Loan Maturities in 2024: A Ballooning Challenge The portion of the $4.7 trillion in US commercial real estate debt that will come due this …
https://www.youtube.com/watch?v=WERFY50cJt4 The financial situation in the United States is experiencing a significant change as major banks are selling off assets at an unprecedented rate. This move is caused by the imminent commercial real estate crisis, bad loans, and high interest …
Apple said on Monday that it has stopped issuing loans through Apple Pay Later, its buy-now-pay-later program that launched last year. The move comes after Apple said it would start allowing installment loans later this year in its Apple Pay …
🚨BREAKING: Banking Stress Escalates – FED discount-window loans hit $6.46B for the week ended June 12th, up from $6.19B. – Significant increase signals rising stress in the banking sector. – Experts warn of increased reliance on emergency funding especially in …
The landscape of US commercial real estate (CRE) is facing unprecedented challenges, with prices plummeting 21% from their 2022 peaks. The latest figures reveal a staggering milestone: the US office vacancy rate has surged to a historic high of 19%, …
The FDIC Quarterly Banking Profile for the first quarter of 2024 provides insights into the financial health of FDIC-insured institutions. Here are some key points: Net Income: The banking industry rebounded in the first quarter, with net income increasing by 79.5 percent from …
Local banks are #Helldiving now. pic.twitter.com/o8yizsVYzg — David Macfarlane (@Ex_Verum) June 5, 2024
WASHINGTON (AP) — The Biden administration is canceling student loans for another 160,000 borrowers through a combination of existing programs. The Education Department announced the latest round of cancellation on Wednesday, saying it will erase $7.7 billion in federal student …
The surge in missed payments suggests that many households are experiencing financial distress akin to a recessionary environment, despite broader economic indicators. In a chilling turn of events, serious delinquency rates for auto loans have skyrocketed to 2.8% in Q1 …
In the financial landscape of commercial real estate (CRE), looming debt obligations signal a potential crisis, with nearly $929 billion in commercial mortgage loans set to mature by the end of 2024. This staggering sum, outlined in the Mortgage Bankers …
The commercial real estate sector continues to experience elevated stress. The latest crack to emerge is the increasing number of delinquencies on multifamily mortgages. The borrowers who took out these loans typically used them to purchase multifamily complexes, intending to …
Amid the housing market turbulence, forbearance programs are unraveling homeownership dreams as borrowers find themselves trapped in a vicious cycle of debt. With equity eroded and surprise liens looming, the reality of deferred payments is dawning harshly on many. 2) …