Tags » Mortgage Debt

Fostering Dependency: The Candyman's Conundrum

I’ve been taken to task before for asserting that extended unemployment benefits aggravated the increase in the jobless rate during the so-called “Great Recession.” New research finds that those extensions actually were a primary contributor to the increase.  321 more words

News stats..Higher debt, but lower defaults

Saw this article today about higher consumer debt levels BUT lower defaults.   Equifax Canada is quoted as saying that consumer debt rose by 7.2% in  the second quarter 2014 to $1.45 trillion ,compared with $1.35 trillion from a year ago. 442 more words

Mortgage News