Earnings and Employment Outcomes Following Graduation for Colorado Higher Education Institutions The U.S. Census Bureau released new data on labor market outcomes for college graduates as part of the Post-Secondary Employment Outcomes (PSEO). These new data feature public institutions from Colorado, and include certificate and associate degrees, in addition to […]
Bank card and most installment loan delinquencies show improvement WASHINGTON — Bank card delinquencies declined in the second quarter while the composite ratio of installment loan delinquencies rose modestly, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin. Importantly, 8 of the 11 categories tracked by ABA […]
The U.S. Census Bureau, in collaboration with Raj Chetty and Nathan Hendren from Harvard University and John Friedman from Brown University, released new research and a mapping interface that looks at children’s outcomes in adulthood. The Opportunity Atlas estimates children’s earnings distributions, incarceration rates, and other outcomes in adulthood by […]
The Federal Deposit Insurance Corporation (FDIC) today published a report on the findings of its Small Business Lending Survey, which collected data on how banks conduct their lending to small businesses. The report found that banks of different sizes approach small business lending differently, but that, overall, relationships are important […]
Nationally, interest rates on conventional purchase-money mortgages increased from July to August, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.63 percent for loans closed in late August, up 3 basis points […]
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for August 2018: New Home Sales Sales of new single-family houses in August 2018 were at a seasonally adjusted annual rate of 629,000. This is 3.5 percent (±13.7 […]
The Federal Housing Finance Agency (FHFA) today released its second quarter 2018 Foreclosure Prevention Report,which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 70,945 foreclosure prevention actions in the second quarter of 2018, bringing the total number of foreclosure prevention actions to 4,179,581 since September 2008. The report […]
U.S. house prices rose in July, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.2 percent increase in June was revised upward to 0.3 percent. The FHFA monthly HPI is calculated using home […]
Performance of first-lien mortgages remained largely unchanged during the second quarter of 2018 compared with a year earlier, according to the Office of the Comptroller of the Currency’s (OCC) quarterly report on mortgages. The OCC Mortgage Metrics Report, Second Quarter 2018, showed 95.6 percent of mortgages included in the report […]
Creditworthy consumers can face difficulties accessing credit if they lack a credit record that is treated as “scorable” by widely used credit scoring models. These consumers include those who are “credit invisible,” meaning that they do not have a credit record maintained by one of the nationwide consumer reporting agencies […]
