As rapidly rising gasoline, energy and utility prices drive inflation, non-prime borrowers with the riskiest credit profiles have generally experienced the greatest impact to their wallets, reported TransUnion, Chicago.
Tag: TransUnion
Industry Briefs Apr. 18, 2022: Wells Fargo Expands Efforts to Advance Racial Equity in Homeownership
Wells Fargo, San Francisco, announced an initiative to help advance racial equity in homeownership. The company will develop a Special Purpose Credit Program to help minority homeowners, whose mortgages are currently serviced by Wells Fargo, refinance those mortgages. Initially, through the program, Wells Fargo will identify eligible Black homeowners who could benefit from a refinance product.
TransUnion: More than 45 Million Americans Credit Unserved or Underserved
More than 45 million consumers are considered to be either credit unserved or underserved in the United States, according to a new global TransUnion stud
Industry Briefs Mar. 1, 2022: Arch MI: Home Price Growth to Slow in 2022
Home sales, which increased more than 6% in 2021 to a 15-year high, will remain strong this year — supported by solid demographic trends and an expected increase in homes for sale, according to the winter edition of The Housing and Mortgage Market Review from Arch Mortgage Insurance Co., Greensboro, N.C.
TransUnion: Recent Vintage Loans Perform Well Even as More Non-Prime Consumers Gain Credit
TransUnion, Chicago, said consumer credit performance maintained healthy levels across auto, credit card, personal loans and mortgages in the fourth quarter even as lenders continued to ramp up new account origination growth in the non-prime segment of the market.
Industry Briefs Jan. 31, 2022: Ginnie Mae Streamlines Servicing Requirements
Ginnie Mae issued All-Participants Memorandum 22-01 streamlining its documentation requirements for servicers participating in the FHA Advanced Loan Modification program.
Sponsored Content from TransUnion: How LMI Consumers Can Grow Your Market Share and Revenue
A new TransUnion study analyzes the creditworthiness of the LMI consumer segment and how lenders can grow market share and revenue.
Sponsored Content from TransUnion: How LMI Consumers Can Grow Your Market Share and Revenue
A new TransUnion study analyzes the creditworthiness of the LMI consumer segment and how lenders can grow market share and revenue.
Sponsored Content from TransUnion: How LMI Consumers Can Grow Your Market Share and Revenue
A new TransUnion study analyzes the creditworthiness of the LMI consumer segment and how lenders can grow market share and revenue.
Sponsored Content from TransUnion: How LMI Consumers Can Grow Your Market Share and Revenue
A new TransUnion study analyzes the creditworthiness of the LMI consumer segment and how lenders can grow market share and revenue.