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Tag Archives: HELOCs

What’s Driving Mortgage Servicing?

From business expansion to exploring the value of artificial intelligence to make mortgage servicing more cost-effective, Steven Frie, Director Structured Finance at S&P Global Ratings shares his views on the trends that are shaping the industry.

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The Changing Makeup of Consumer Debt

debt

Mortgage debt makes up a noticeably smaller share of total consumer debt than it did a decade ago, according to the latest Equifax National Consumer Credit Trends Report, covering data for March 2018. According to the Equifax report, mortgage debt ...

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FOMC Meeting: Setting the Pace for Future Rate Hikes

The meeting of the Federal Open Market Committee (FOMC)—the policy-making arm of the Federal Reserve begins today. This is also the first time that the meeting is being led by Jerome Powell the new Chairman of the Federal Reserve Board. ...

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TransUnion: HELOCS to Spike 30 Percent in 2017

New data released on Tuesday has projected this year’s numbers for consumers opening new home equity lines of credit. Read on to find out what trends the data reports— and see what characteristics consumers who pursue HELOCs share.

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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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