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Tag Archives: Equifax

Equifax CEO Explains Reasons for Retirement

Equifax, Inc. CEO and Chairman of the Board Richard Smith announced his retirement through the Board of Directors Tuesday. However, with an upcoming testimony on the breach, what does this mean for the company as a whole?

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Equifax Appoints New Leader

Equifax Inc. recently announced an almost 20-year company veteran is now leading its marketing team. Laura Wilbanks was appointed as Equifax’s new Chief Marketing Officer, succeeding Trey Loughran, who recently assumed the role of President of United States Information Solutions (USIS). ...

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Mortgage Write-Offs Hit a 9-Year Low

In the first quarter of 2016, consumers appear to be demonstrating strong repayment practices, while taking advantage of continued low-rate environment, according to data from the April 2016 Equifax National Consumer Credit Trends Report.

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Report: Mortgage Loan Delinquencies, Write-Offs Way Down

Last week, TransUnion predicted that the steadily declining number of mortgage loan delinquencies in the U.S. would fall to below pre-recession levels by the end of 2015. This week, Equifax released data that seems to go right along with that forecast.

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Delinquency Write-Off Rate Continues to Drop

Equifax announced more good news for the housing market on Wednesday, signaling that the broader United States economy may be on the rebound despite a disappointing first quarter 2014. In its latest National Consumer Credit Trends Report, the company reports that home finance write-offs year-to-date in May had to $43.5 billion, a decrease of more than 37 percent from the same point in time just one year ago.

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