Fresh data collected in early November from Wave 6 of the survey confirm that, despite fewer respondents reporting job loss, respondents reported larger income declines and concerns about the future continuing to grow.
We study credit and payment markets to understand how they affect consumers and the economy.
CFI in Focus – Two recent CFI papers examine the financial outcomes for individuals affected by changes in health insurance coverage.
This report shares results from Wave 5 of a national survey of consumers investigating COVID-19 impacts on job status, income, and personal financial security.
WP 20-04R - When home prices threaten to decline, large mortgage investors can benefit from fostering new lending that boosts demand. We ask whether this benefit contributed to the growth in acquisitions of risky mortgages by the government-sponsored enterprises (GSEs) in the first half of 2007.
DP 20-06 — This discussion paper analyzes the outcomes of recent policy reforms to the federally insured reverse mortgage program.
Get the Philadelphia Fed’s latest information, resources, and research on the coronavirus pandemic's impact on businesses, households, and communities.
We regularly invite outside experts in consumer finance and payments to conduct independent research, collaborate with our staff economists and analysts, and participate in our events.