Mortgage Debt Continues to be a Drag on the Economy
The Federal Reserve Bank of New York released itsHousehold Debt and Credit Report for Q4 2014. One key chart is the percentage of...
Number of Auto Loans Surpass Mortgage Loans
The Federal Reserve Bank of New York released its Household Debt and Credit Report for Q4 2014. The results are unsurprising: more debt...
Debtor Denied Bankruptcy Discharge For Inadequate Financial Records
A cautionary tale of a real estate investor who thought he could just say "I lost everything" without having the documentation to back up...
The Higher Education Bubble (Part 4)
Why Business Owners Should Care About the Dangers of Student Loan Defaults Part 4: If institutions fail, the economic impact spreads...
The Higher Education Bubble (Part 3)
Why Business Owners Should Care About the Dangers of Student Loan Defaults Part 3: Rising tuition caused by easy access to student loans...
The Higher Education Bubble (Part 2)
Why Business Owners Should Care About the Dangers of Student Loan Defaults Part 2: The default rate on student loans is understated, and...