This comprehensive mortgage industry study investigates multiple data sources to reveal important mortgage industry trends and statistics.

CIT Group used to be a big player in the reverse mortgage and servicing business through its subsidiary Financial Freedom. Not any longer. As part of its effort to simplify its business interests, CIT sold Financial Freedom to an undisclosed buyer on May 29^th, 2018. Investors welcomed the sale and shares in CIT Group rose by 2.2% after the announcement.

Credit cards are the most common credit product in the U.S., held by 68% of Americans, with total balances hitting a record $1.277 trillion in Q4 2025. Average APRs remain near historic highs at 20.97%, and delinquency rates have climbed to 2.94% — well above the pandemic-era low of 2.12%.

Whether you’re looking to settle debt, file a personal injury claim, or resolve IRS tax problems, you’ll most likely need a lawyer. Legal fees are expensive and can easily rack up into the tens of thousands.

Looking for a leg up in your career? You’re in good company.

It’s no secret: the cost of a college or university degree is skyrocketing. In fact, the price rise threatens to shackle an entire generation of young people to years of debilitating debt.

Tax debt is a problem for everyone, not just the one million taxpayers with delinquent accounts (source).

So, you just bought a new home or finished that beautiful renovation. What next?

SoFi held talks with bank and brokerage firm Charles Schwab earlier this year about a potential acquisition, according to a report by the Financial Times.

Student loan companies are gouging student loan borrowers to the tune of $95 million, according to the Federal Trade Commission (FTC), 11 states, and the District of Columbia.