Biden extends mortgage forbearance and foreclosure protections


While the Mortgage Bankers Association hailed the move, some experts say it could negatively impact housing inventory.


Late credit card payments at historically low levels in U.S.


U.S. credit card delinquencies reached record-low levels in 2020, as Americans took advantage of stimulus checks and adjusted their spending habits, according to a new report.


How long will credit unions' respite on problem loans last?


Stimulus payments and deferrals have helped borrowers stay current, but lenders must brace for a capital hit when those benefits eventually run out.


8 takeaways from NCUA's 3Q state-level data


A new report from the National Credit Union Administration showed institutions in many states are struggling with a deluge of deposits while their lending opportunities are drying up.


'Seriously delinquent' mortgages remain elevated, OCC says


The percentage of seriously-delinquent loans hit 5.8% in the third quarter, up from 1.5% a year earlier but down from 6.8% in the second quarter.


FHA's capital buoyed by house price appreciation despite higher defaults


The Federal Housing Administration said in its annual actuarial report that capital reserve ratio on its mutual mortgage insurance fund increased to 6.10% in fiscal year 2020, up from 4.84% a year earlier.


Leveraged lending has avoided pandemic hit. Will that last?


Defaults have been milder than expected thanks to government relief and stricter underwriting. But with the crisis dragging on and policymakers unable to agree on a stimulus plan, loans to highly indebted companies remain at risk.


Will CFPB's QM proposal create new housing bubble?


The Consumer Financial Protection Bureau's overhaul of its Qualified Mortgage standard is alarming free-market advocates who say it will precipitate a return to easy credit and higher defaults and could disproportionately harm minorities.