Tag Archives: Consumer Credit

Fannie Mae is still predicting recession conditions to occur this year due to a slow down in the economy, and a tightening of credit standards.

Shedding the “interim” title, Patrick Dodd takes over as head of the global property information, analytics, and data-enabled solutions provider, covering the real estate and mortgage finance, insurance, capital markets, and the public sector.

How have the overall consumer credit trends impacted HELOCs? Here’s what the latest Fed Report on revolving and nonrevolving credit had to say.

The consumer credit market showed an overall strong performance at the end of 2017, according to the Q4 Industry Insights Report published by TransUnion on Tuesday. According to the report, increased access to loans and relatively low delinquency levels were ...

The consumer bank card default rate nosedived in a big way, swiping the biggest dip in 12 months this past July. But noteworthy gains notwithstanding, plastic is still far from perfect.

Recent studies revealed that many Americans do not have any credit and in many cases do not even know what a credit score is.

When faced with a choice as to what type of debt they will take on, mortgage debt often loses out.

Mortgage delinquency rates continued their trend of year-over-year double-digit declines in the third quarter of 2015, which contributed to the strong performance of consumer credit markets during Q3, according TransUnion’s Q3 2015 Industry Insights Report released Monday.

According to the CFPB's announcement, consumers with limited credit histories can be placed in two groups – "credit invisible," which means the consumer has no credit report, or "unscored," which means the consumer has some credit history but not enough to generate a credit score, or else the information is "stale" and out of date.

Congresswoman Maxine Waters (D-California), a ranking member of the Financial Services Committee, unveiled a proposal today that would make sweeping changes to the way consumer credit is scored.