This week has produced more housing finance reports than you can shake a stick at. Here’s a roundup and summary of what’s happening of reports from Ellie Mae; ATTOM Data Solutions; Redfin; Radian Inc.; TransUnion; Black Knight; Zillow; and PayNearMe.
Tag: TransUnion
TransUnion: Coronavirus Giving Millennials Toughest Financial Challenges
The COVID-19 pandemic is causing similar financial hardship for consumers around the world, but new research from TransUnion, Chicago, shows Millennials are being challenged the most.
HUD Report Notes ‘Credit Invisibility’ Among Assisted Households
HUD and the Policy and Economic Research Council, in a new study examining reporting rent payments to credit reporting agencies, said while rent payment performance can improve both credit visibility and the fraction of tenants with credit scores above 620, it also shows that many public housing tenants continue to have subprime credit scores that can limit their housing choices and their ability to obtain insurance.
Gen Z Displays Strong Appetite for Credit; Millennials Refinance Less (For Now)
TransUnion, Chicago, said Generation Z consumers—those born in or after 1995—are actively seeking credit despite many of them growing up during severe economic recessions in their respective global markets.
Consumers Poised for Continued Strong Credit Activity
TransUnion, Chicago, said its quarterly Industry Insights Report points to several factors that portend good things for retailers this holiday season.
TransUnion: Housing Market to Get Boost as First-Time Homebuyers Rise
The recovering housing market may soon receive a bigger boost, said TransUnion, Chicago. Its analysis projects at least 8.3 million first-time homebuyers to enter the mortgage market between 2020 and 2022.