FHFA data show home prices up in the fourth quarter

By Financial Regulation News Reports  |   February 28, 2017   |   News

The Federal Housing Finance Agency (FHFA) House Price Index (HPI) showed that home prices rose 1.5 percent in the fourth quarter of 2016. “Although interest rates rose sharply during the fourth q...

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Farm Credit System sees jump in net income in 2016

By Financial Regulation News Reports  |   February 24, 2017   |   Industry

The Farm Credit System reported $4.8 billion in net income in 2016, a $160 million, or 3.4 percent, increase over the previous year. The jump is due primarily to a $432 million, or 6.2 percent, inc...

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Default rates on bank cards jumped in January

By Financial Regulation News Reports  |   February 22, 2017   |   Industry

Default rates on bank cards spiked to their highest level in almost four years in January, according to the latest S&P/Experian Consumer Credit Default Indices. The bank card default rate recorded ...

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