New research finds that many credit card users continue to pay only the minimum required each month, in spite of government-mandated disclosures designed to encourage them to get out of debt sooner.
More From Asset Securitization Report
Souring card debt is plateauing at elevated level: New York Fed
Delinquencies on credit-card debt mostly held steady at the end of last year, but certain groups of consumers are faring better than others.
BNPL growing as charge-offs and late fees decline: CFPB
A Consumer Financial Protection Bureau report on Pay in 4 buy now/pay later loans offered validation for an industry that has faced criticism for expanding into everyday spending, such as food delivery.
GSE credit reform: Rent data impact on pricing and LLPAs
What developments around rent reporting and new credit standards portend for mortgage companies. Part 2 of a series on government-sponsored enterprise changes.
A non-alarmist guide to the risks in commercial real estate
Prophecies about a wave of bank failures caused by sickly CRE loans haven't yet come true. But there are still plenty of caution signs in a saga that will take years to play out.
Banks pass Fed stress test, but see bigger losses than last year
The Federal Reserve attributes the uptick in simulated losses in this year's stress test examination to heightened risks on bank balance sheets and higher expense levels. Credit cards and corporate lending were top areas of concern for the central bank.