Leveling Off: Mortgage Delinquencies Continue to Rise but Pace Moderating in October

CoreLogic

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for October 2020. On a national level, 6.1% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). This represents a 2.4-percentage point increase in the overall … [More]

Arizona Passes 200,000 Mark in COVID-19 Vaccine Doses Administered

Arizona Department of Health Services

The number of COVID-19 vaccine doses administered in Arizona has passed 200,000 as the state and counties collaborate to get more and more vaccine into the arms of prioritized individuals. “This is an exciting milestone for Arizona,” said Dr. Cara Christ, director of the Arizona Department of Health Services (ADHS). “Any dose that remains in storage remains a challenge to be … [More]

Cutting-Edge Tech CBD Co. Launches in Arizona

R N’ R Canna

Locally-owned and grown CBD company, R N’ R Canna, has launched a line of cannabinoid-rich, oil-based serums using aeroponic and hydroponic cultivation techniques, which provide consistency that is rare to find in the industry. The company is 100% certified organic and uses plants that are grown in a lab-controlled environment and given no chemicals, harsh additives or … [More]

America’s Largest Bathroom Remodeler Welcomes New CFO, COO

Re-Bath

Re-Bath, the nation’s premier bathroom remodeling company, has announced its recent high-level executive moves by hiring David Japhet as the new Chief Financial Officer and David Dunsmuir as Chief Operating Officer. These roles were filled right as the brand is experiencing a surge in sales and franchise development growth as demand for home improvement projects continue to … [More]

WEBINAR – Jan 19, 20 & 21: Arizona Small Business Boot Camp & Collective

Arizona Commerce Authority

UPCOMING SESSIONS Please join us for next week's Boot Camp sessions. If you missed any sessions this week, watch here.   SESSION 112: TUESDAY - January 19 | 9:00 AM Bringing Your Brand to Life Join us for a discussion on experiential branding, featuring local branding agency, Blaze Experts. Learn how to brand your business with … [More]

Jobless Claims Surge to Highest Weekly Total Since August

U.S. Department of Labor

In the week ending January 9, the advance figure for seasonally adjusted initial claims was 965,000, an increase of 181,000 from the previous week's revised level. The previous week's level was revised down by 3,000 from 787,000 to 784,000. The 4-week moving average was 834,250, an increase of 18,250 from the previous week's revised average. The previous week's average was … [More]

Survey: America’s CEOs Start 2021 Concerned about Taxes, Optimistic about Trade, & Eager to Return to the Office

The Conference Board

As 2021 begins, a new survey from The Conference Board reveals the biggest issues that will keep business leaders up at night in the new year. CEOs in the United States are more worried about higher corporate taxes and increased regulation, but less worried about global political instability and disruptions to global trade. And compared to their global peers, U.S. CEOs are more … [More]

Strong Demand for COVID-19 Vaccine Paves Way for Second State Site at Phoenix Municipal Stadium

State of Arizona Office of the Governor

Governor Doug Ducey and the Arizona Department of Health Services (ADHS) today announced the launch of a second state vaccination site following the success of Arizona’s first 24/7 state vaccination site in Glendale. “Arizona’s vaccine site at State Farm Stadium has been a game changer,” said Governor Ducey. “This week has demonstrated Arizonans are ready for the COVID-19 … [More]

SBA Re-Opening Paycheck Protection Program to Small Lenders on Friday, January 15 and All Lenders on Tuesday, January 19

U.S. Small Business Administration

The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021 at 9 am ET.  The portal will fully open on Tuesday, January 19, 2021 to all participating PPP lenders … [More]

Arizona Mortgage Applications Reveal Trends in Active New Home Market

Fulton Homes

Fulton Homes, Arizona's largest family-owned and -operated homebuilder, has consistently strived to understand the desires of homebuyers and trends in order to best accommodate them while also considering the direction of the larger industry. The homebuilder has always championed the idea that mortgage applications are a useful data point to learn from as the company develops … [More]