RMQA21: Pandemic Saw Changes in Consumer Behavior—Most of it Good

WASHINGTON, D.C.—The economy continued to improve in 2021, fueled by record consumer savings and strong gains in employment, despite the coronavirus pandemic that could have otherwise ground it to a halt, said Emre Sahingur, Senior Vice President of Predictive Analytics with VantageScore Solutions LLC, Stamford, Conn.

SEC Issues Sample Letter to Firms on Climate Change Disclosures

The Securities and Exchange Commission recently gave companies a preview of how it will look at their climate-related disclosures. Specifically, the SEC’s Division of Corporate Finance released a sample letter detailing the sorts of hard questions and requests the SEC will consider when they conduct a review of a company’s disclosures related to climate change.

Initial Claims: Two Steps Forward, One Step Back

Initial claims for unemployment insurance increased by 11,000 last week, continuing a recent pattern of erratic performance, the Labor Department reported Thursday.

Final 2Q GDP Estimate Ticks Up to 6.7%

The U.S. economy rumbled along at an even faster pace than previously thought, the Bureau of Economic Analysis reported Thursday.

RMQA21 Fraud Update: ‘Be Alert For Red Flags’

WASHINGTON, D.C.–The mortgage industry needs to be prepared for increased fraud activity as the pandemic and the recession fade, law enforcement, legal and mortgage servicing experts said at the Mortgage Bankers Association’s Risk Management, QA and Fraud Prevention Forum 2021.