Tag Archives: Equifax

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). ...

A new data and analytics portfolio will boost Equifax's risk and marketing programs while enhancing the delivery of their services.

Write-off rates are returing to pre-crisis "normals" according to Equifax Inc release of its June 2016 Equifax National Consumer Credit Trends Report.

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.

Irvine, California-based Sperlonga Data & Analytics, a data aggregation business for non-standard credit data sources, announced an agreement to become the first company to furnish homeowner association (HOA) payment and account status data to Equifax, Inc.

"Despite the continuing rise in overall subprime originations, banks are still greatly limiting their high-risk exposure," Cutts said. "The credit score of the borrower at the 10th percentile of newly originated first mortgages today is 650. For HELOCs, it's 700."

Ask the Economist is an ongoing series in which DS News talks with an economist about the most pressing issues facing the nation's housing industry and the economy. This installment features Amy Crews Cutts, SVP and Chief Economist with Equifax.

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.

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.

Equifax announced its latest National Consumer Credit Trends report on Monday, which showed that the total balance of first mortgages increased by 2.8 percent from last year. The report found the balance increase was the largest year-over-year increase since September of 2008.