So what’s going on here?
Consumers are being lackadaisical again with their plastic.
But ballooning inventories point at risks next year.
The US is “on an unsustainable fiscal path, there’s no hiding from it.”
Home-equity-loan balances in Canada per capita are now 3.3 times what they were in the US during HELOC peak before it all collapsed.
After the uproar about the Equifax hack, Congress did do something. And credit freezes are now a lot easier to place and lift.
The soothingly low mortgage delinquency rate is a deceptive indicator: the New York Fed weighs in.
Refinancing activity plunges to the lowest level since 2000.
A structural shift with some significance for the auto industry.
Delinquencies soar past Financial-Crisis peak at the nearly 5,000 smaller US banks, and these are the good times. What’s going on?