TransUnion, Chicago, released its forecast for 2025, predicting that mortgage delinquencies will be flat a year from now in Q4 2025.
Tag: TransUnion

TransUnion: Mortgage Delinquencies Tick Up but Remain Low
TransUnion, Chicago, released its Q3 2024 Credit Industry Insights Report, finding that mortgage delinquencies have slowly begun to increase among consumers.

TransUnion: Four in Five Homeowners Say Their Mortgage Payments Strain Their Finances
A new survey from TransUnion, Chicago, found that many consumers feel their mortgage payments are putting a strain on their household finances, and the prospect of falling interest rates has them ready to consider refinancing those loans.

TransUnion: Consumer Outlook Mixed in Q2
TransUnion, Chicago, released its Consumer Pulse Study for the second quarter, finding consumer concerns about inflation and interest rates have hit their highest levels in two years.

TransUnion Finds Consumer Credit Appetite Remains High
The consumer credit market remains resilient in the face of a challenging economic environment, according to TransUnion, Chicago.

TransUnion: Mortgage Originations Down Almost 37% in Third Quarter Amid Higher Credit Balances
TransUnion, Chicago, Ill., released its Q3 2023 Quarterly Credit Industry Insights Report, finding higher interest rates and prices for goods have pushed credit balances up. Simultaneously, mortgage originations–and other new credit accounts such as automobile loans–are lagging last year.

TransUnion: Mortgage Balances Remain Near Record Highs; More Consumers Turn to Home Equity Loans
TransUnion, Chicago, said total mortgage balances fell to $11.7 trillion in the second quarter, down slightly from last quarter’s record high but up 4.3% year-over-year.

CFPB: Annual Report on Credit Reporting Companies Cites ‘Ongoing Challenges’
The Consumer Financial Protection Bureau on Tuesday issued its annual report on the industry’s three largest credit reporting companies, based on nearly a half-million complaints it received about TransUnion, Equifax and Experian.

Despite Challenges, 1Q Consumer Credit Health Stays Strong
Rising interest rates and increased prices of goods and services placed pressure on the consumer wallet in the first quarter. Despite the challenges, consumers remain well positioned from a consumer credit perspective, according to the Quarterly Credit Industry Insights Report from TransUnion, Chicago.

Millennials’ Late Homeownership, Increased Migration Impact Insurance Carriers
Seemingly little things can have big consequences. For the insurance industry, said TransUnion, Chicago, the delay in Millennial homeownership has had ripple effects that insurance providers are feeling now.