Bank Star-Ratings have all been updated based on June 30, 2020 financial data. (Credit Union Star Ratings will be out in a couple of weeks.) We’ve been doing this a long time, and we’ve seen the banking industry go through…
Home Sales Up, But for How Long?
Last week we reported that consumers are paying down their credit card debt. We also mentioned that mortgage debt and mortgage originations were on the rise. Today we are going to delve further into that phenomenon. Tim Ellis, a Senior…
Consumers Focus on Paying Down Debt
Housing takes, by far, the largest bite out of most consumers’ wallets, at least in this country. That’s followed by student debt, automobile loans and then, finally, credit card debt. And, according to the Federal Reserve Bank of New York’s…
The Farmer in the Dell Doesn’t Stand Alone
A June 2020 poll taken by the American Farm Bureau Federation (AFBF) revealed that 84% of Americans trust American farmers and believe they should receive financial assistance from the government to stay afloat as a result of the pandemic. Yet,…
No Bust Yet in Multi-Family Real Estate
Last week we promised a closer look at multi-family (5 or more) residential real estate. To that end, the 50 banks with the most exposure to multi family home loans (as a percent of total loans) can be found on…