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James Chessen

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“ The rise in consumer credit delinquencies is consistent with a rapidly slowing economy ”
Slowing economy threatens small banks
United Press International
“ There was rising equity in houses, growing wealth, and the economy was growing quickly ”
Easy credit followed home equity boom
United Press International
“ The economic environment is prime for increased commercial lending activity, and the mid-market is one of the fastest growing segments of the revived commercial lending market ”
Most banks expect increase in biz lending
United Press International
“ It was a rare combination where credit card delinquencies increased as all other consumer lending delinquencies declined ”
Credit delinquencies jump in late 2003
United Press International
“ It was a rare combination where credit card delinquencies increased as all other consumer lending delinquencies declined ”
America's love-hate affair with credit
United Press International
“ The lower delinquencies are a sign that consumers are doing a pretty good job managing their finances against the odds ”
Judge blocks Calif. credit balance law
United Press International
“ Despite continued layoffs and marginal economic growth, it appears that the rate reductions through 2001, along with continued high mortgage refinancing and automotive financing incentives, helped keep delinquencies down ”
Executive Business Briefing
United Press International
“ These mixed results reflect a variety of factors that converged in the last quarter, not the least of which were the Federal Reserve's three rate cuts totaling 125 basis points ”
Executive Business Briefing
United Press International
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