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By: Stacy Schulman Earlier this week the CFPB announced a final rule addressing its role in supervising certain credit reporting agencies, including Experian and others...
With the constant (and improving!) changes in the consumer credit landscape, understanding the latest trends is vital for institutions to validate current business strategies...
The pressures for both credit unions and banks, to generate returns to drive greater earnings are ever present. According to recent data released by...
As a scoring manager, this question has always stumped me because there was never a clear answer. It simply meant less than prime –...
The cumulative effect of Basel III is expected to have a substantial impact on capital requirements. The total minimum regulatory capital will increase from...
A recent survey of 1,000 representative American consumers showed that while 78 percent of respondents are aware that they have more than one credit...
By: Mike Horrocks This week, several key financial institutions will be submitting their “living wills” to Washington as part of the Dodd-Frank legislation. I...
By: Joel Pruis From a score perspective we have established the high level standards/reporting that will be needed to stay on top of the...
Recently we released a white paper that emphasizes the need for better, more granular indicators of local home-market conditions and borrower home equity, with...
The dramatic transformation of the financial services industry requires new advances and innovation in credit strategies to respond to the growing number of underbanked...
Previously, we looked at the various ways a dual score strategy could help you focus in on an appropriate lending population. Find your mail-to...
Mortgage origination volumes increased to $427 billion in Q4 2011 – a 31 percent quarterly gain. However, overall 2011 originations of $1.35 trillion were...
Year over year retail spend continues to trend up, translating into Bankcard balance growth and new originations. New Bankcard volumes (limits) came in at...
Outstanding automotive loan balances were at $708 billion in Q1 2012 – a figure last seen two years ago. Banks and captive auto lenders...
The average turnaround time to make a lending decision varies materially between financial institutions. Institutions with low-level automation are typically less competitive on price...