Consumer bankruptcies at historic lows amid pandemic recession

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. Elaine Silvestrini  |  DECEMBER 28, 2020 Millions of Americans are unemployed, and thousands of businesses are struggling amid a crushing recession brought about by the COVID-19 pandemic. Yet bankruptcy filings remain at …

HUD: FHA Extends Options for Single Family Borrowers Financially Impacted by COVID-19

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. Posted 21 December 2020 By findCRA Under Industry News Extensions ensure borrowers can continue to seek assistance and avoid eviction and foreclosure while maintaining temporary policy flexibilities for lenders and servicers Today, the Federal Housing …

Most Americans Will Take on Record Credit Card Debt This Holiday Season: Survey

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. Nearly two-thirds of Americans expect to pile up balances, new research finds. By LendEDUDecember. 15, 2020 Since March, millions of Americans have faced a tremendous financial struggle because of the coronavirus pandemic …

51% of Americans Will Set a 2021 Money Resolution, and Getting Rid of Debt Tops the List

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. By MagnifyMoney.com Dec 16, 2020 Updated Dec 16, 2020 CHARLOTTE, N.C., Dec. 16, 2020 /PRNewswire/ — Despite the general chaos of 2020, more than half of Americans will make a money resolution for 2021, and another 16% …

Credit Card Delinquency, Dementia, and Mental Health

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. by Brian RileyDecember 1, 2020 Credit card borrowing is open to all. The Equal Credit Opportunity Act (ECOA) made fair lending the law of the land in 1974. Suppose a lender has a bias towards race, …