MBA report shows homebuyer affordability rose in August
Purchase Applications Payment Index shows a 1.3% decrease from July, meaning consumers could have additional money for things like furniture WASHINGTON — Homebuyer affordability rose …
Category: Consumer financing
Synchrony acquires Versatile Credit
STAMFORD, Conn. — Consumer financing company Synchrony (NYSE: SYF), announced Wednesday that it has acquired Versatile Credit, a consumer-financing software provider connecting merchants, lenders, and consumers …
Housing construction activity falters from August 2024
Despite lingering affordability issues, officials say that Wednesday’s rate cut could soon lead to a boost in overall housing production WASHINGTON — August housing construction …
Mortgage bankers survey shows housing affordability rose in July
National median mortgage payment fell by $13 from July 2024 and was down by $45 from June WASHINGTON —Housing affordability rose in July, according to …
Fall edition of CIN kicks off with a look at how consumers view the economy
More than 75% of all prospective furniture shoppers view economic conditions as poor or fair, which could impact their decision to buy in the 2nd …
Consumer confidence rises slightly in July
However, there is still concern over tariffs and the impact that could have on prices moving forward WASHINGTON — Driven partly by the sentiments of …
Consumer confidence seesaws between May and June
3 major indexes see declines as consumers were less positive about business conditions, employment prospects and future income WASHINGTON — With the wild swings in …
10 out of 10 with David Caruso, founder of North Valley Advisors
Home News Now contributor Mark Schumacher interviews David Caruso, who was with GE Capital/Synchrony for 20 years, then Fortiva/Atlanticus for five years before venturing out …
LendPro, Storis announce strategic partnership on NextGen financing for home furnishings retailers
CHARTLOTTESVILLE, Va. — LendPro 2.0, the rapidly evolving consumer finance platform, and Storis, the retail industry’s leading Unified Commerce Solution for home furnishings and appliance …
Consumer Finance Hall of Fame selects Mark Denman as its first-ever inductee
HIGH POINT — The Consumer Finance Hall of Fame has chosen longtime industry executive Mark Denman as its first-ever inductee into the Consumer Finance Hall …
