Federal Reserve Bank of New York

NY Fed Research Says Mortgage Forbearance Skews Credit Scores
NY Fed Research Says Mortgage Forbearance Skews Credit Scores
June 08, 2021  |  Economy

The pandemic is ebbing, and the U.S. economy is — in lumpy fashion, to be sure — reigniting. That means forbearance programs are due for...

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NY Fed Paves Way For Non-FICO Credit Scoring Models
NY Fed Paves Way For Non-FICO Credit Scoring Models
May 26, 2021  |  Consumer Finance

Given that the ways in which we pay are changing, the ways we carry debt are changing, and the very profile of the consumer is...

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NY Fed: Most Borrowers Who Took Forbearances Amid The Pandemic Have Exited Forbearance
NY Fed: Most Borrowers Who Took Forbearances Amid The Pandemic Have Exited Forbearance
May 20, 2021  |  Loans

More than one in 10 mortgage borrowers participated in a mortgage forbearance during the past year for at least a month, but many of them...

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NY Fed: Consumers Increase Expectations For Spending, Inflation, Home Prices
NY Fed: Consumers Increase Expectations For Spending, Inflation, Home Prices
April 13, 2021  |  Economy

American consumers increased their expectations for spending, inflation and home prices in March, the Federal Reserve Bank of New York said in a press release,...

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NY Fed Economists: ‘This Time is Different’ Compared To Great Recession
NY Fed Economists: ‘This Time is Different’ Compared To Great Recession
February 24, 2021  |  Economy

No two recessions are exactly alike. But this time around, with the light at the end of the pandemic tunnel as vaccines are rolling out,...

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NY Fed Report Shows Positive Spending Outlook For 2021
NY Fed Report Shows Positive Spending Outlook For 2021
February 08, 2021  |  Consumer Insights

A January study from the Federal Reserve Bank of New York found consumers expect to be spending more this year than they have in several...

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NY Fed: US Consumer Optimism Surges For Long Term
NY Fed: US Consumer Optimism Surges For Long Term
January 25, 2021  |  Economy

A new study from the Federal Reserve Bank of New York shows that people expect the economy to rebound by next year, according to a...

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NY Fed: Credit Applications, Acceptances Plunge During Pandemic
NY Fed: Credit Applications, Acceptances Plunge During Pandemic
December 21, 2020  |  Consumer Insights

A new survey has revealed the steep plummet the consumer credit market took as the pandemic began, the Federal Reserve Bank of New York reported....

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NY Fed Report Finds Economic Optimism Up In May
NY Fed Report Finds Economic Optimism Up In May
June 08, 2020  |  Economy

Americans are becoming slightly more optimistic about the economy after months of pessimism due to the coronavirus pandemic, The Wall Street Journal reported, although many...

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