Reprising Timeless Topics (New Directions for Philanthropic Fundraising)

first_imgReprising Timeless Topics (New Directions for Philanthropic Fundraising)  15 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 21 November 2007 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Mortgage Delinquencies are Down; Debt is Up

first_img Mortgage Debt Mortgage Delinquencies TransUnion 2016-02-17 Brian Honea Subscribe in Daily Dose, Featured, Market Studies, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago February 17, 2016 1,253 Views Previous: Fannie Mae Downgrades Economic Forecast, Citing Lackluster Growth Next: Investors, Take Note: Single-Family Rental Market’s Popularity is Still Surging About Author: Brian Honea Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Related Articles Home / Daily Dose / Mortgage Delinquencies are Down; Debt is Upcenter_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Mortgage Debt Mortgage Delinquencies TransUnion  Print This Post Mortgage Delinquencies are Down; Debt is Up The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago While the share of residential mortgages that are seriously delinquent (60 days or more overdue) took a substantial drop to close out 2015, the average level of mortgage debt per borrower rose to its highest level post-recession, according to TransUnion’s Q4 2015 Industry Insights Report released Wednesday.The delinquencies fell by nearly a full percentage point over-the-year in the fourth quarter of 2015, from 3.29 percent down to 2.37 percent, according to TransUnion. The 28 percent decline is double the amount of decline the delinquency rate experienced from Q4 2013 to Q4 2014, and it is the largest percentage of decline since 2010 when the delinquency rate began to recover.“Overall, the consumer credit markets are performing well,” said Joe Mellman, VP and mortgage business leader for TransUnion. “It is a positive sign that delinquency levels have remained relatively low despite more borrowers receiving credit. We have seen a continued rise in the proportion of non-prime borrowers in both the auto loan and credit card industries, and that is a likely driver for the uptick in delinquency among recently originated cohorts in those sectors. We also believe lower energy prices and the resulting job losses in energy-dependent markets have played some role in delinquency rates. Even so, that impact appears at this point to be localized, and mild in terms of national effect.”Meanwhile, the average amount of mortgage debt per borrower climbed by 1.4 percent over-the-year in Q4, from $187,139 to $189,707—the highest level of debt per borrower since the crisis. The number of originations (viewed one quarter in arrears) spiked by 21 percent over-the-year in Q3 2015 while all risk tiers fell within 2 percentage points of the annual growth rate.“For the first time since the ‘refi’ boom, we believe some origination activity may be attributed to ‘last chance’ refinancing to lock in a low rate before the widely-anticipated Fed Funds Rate increase in December,” Mellman said. “This sustained high level of activity is an indicator of a broadly recovering housing market.”The fact that delinquency levels have risen by a relatively small amount as more consumers (particularly subprime borrowers) have gained access to credit products, including credit cards and auto loans, indicates that consumer credit markets are performing well.“It is a positive sign that delinquency levels have remained relatively low despite more borrowers receiving credit,” said Ezra Becker, VP of research and consulting in TransUnion’s financial services business unit. “We have seen a continued rise in the proportion of non-prime borrowers in both the auto loan and credit card industries, and that is a likely driver for the uptick in delinquency among recently originated cohorts in those sectors. We also believe lower energy prices and the resulting job losses in energy-dependent markets have played some role in delinquency rates. Even so, that impact appears at this point to be localized, and mild in terms of national effect.”Click here to view TransUnion’s entire Q4 2015 Industry Insights Report. Share Save Sign up for DS News Daily Demand Propels Home Prices Upward 2 days agolast_img read more