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Goldman Flags Troubling Mortgage Delinquency Rise Across This U.S. Region
Goldman Flags Troubling Mortgage Delinquency Rise Across This U.S. Region
Mortgage delinquencies fell slightly in March, with the first-lien delinquency rate declining to 3.35%, down 37 basis points from February, as seasonal factors and tax refunds supported borrowers.
The real estate and mortgage industry outlet HousingWire cited Intercontinental Exchange’s May 2026 Mortgage Monitor report, which showed that while the overall mortgage delinquency rate fell in March, there was still concern over serious delinquencies and foreclosures, which are up by 154,000 borrowers from one year ago.
The increase was driven mostly by FHA...
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Jul 23, 2026 / Tyler Durden
AIpocalypse No! Initial Jobless Claims Collapse To Lowest Since 1969
AIpocalypse No! Initial Jobless Claims Collapse To Lowest Since 1969
Amid ongoing exclamations of an AIpocalypse in the jobs market, the number of Americans filing for jobless benefits for the first time crashed to just 187k last week (well below expectations)...
That is the lowest since 1969...
Additionally, continuous jobless claims tumbled back below 1.8mm (1.796mm) Americans...
Zero signs of labor market stress in any of this data as the 'low hire, no fire' economy pushes forward.
Tyler Durden
Thu, 07/23/2026 - 08:39
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Jun 23, 2026 / Tyler Durden
Judge Blocks SNAP Restrictions On Sugary Drinks, Candy
Judge Blocks SNAP Restrictions On Sugary Drinks, Candy
Authored by Aldgra Fredly via The Epoch Times,
A federal judge on Monday blocked the USDA from restricting the use of the Supplemental Nutrition Assistance Program (SNAP) to buy sugary foods or drinks in five states.
Bags of candy on shelves at a Target store in Austin, Texas, on June 4, 2025. Brandon Bell/Getty Images
U.S. District Judge Amy Berman Jackson issued the ruling in response to a lawsuit by five SNAP recipients challenging the Agriculture Department's (USDA's) issuance of waivers for Colorado, Iowa, West...
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Aug 3, 2026 / Tyler Durden
"That Was The Era Of The Kospi Mania": Korean Retail Traders Vow Not To Buy After Historic Rout
"That Was The Era Of The Kospi Mania": Korean Retail Traders Vow Not To Buy After Historic Rout
By Youkyung Lee, Bloomberg Markets Live reporter and strategist
South Korea’s retail traders have long built a reputation for embracing risk. Yet July’s punishing reversal in the Kospi has rattled even this battle-hardened cohort, exposing the limits of their tolerance for volatility.
Some, like Kim Han-kyung, a Seoul resident in her late 30s, have resolved never to invest again, while others are comparing the $3.9 trillion market to a casino. Retail investors sold a record...
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