Oliver Wyman

New card limits increase only for top credit tiers

Posted on Apr 17 2014 by

Bankcard originations had a 32 percent year-over-year increase in Q4 2013 ($61 billion to $81 billion).

Mortgage originations increase year over year

Posted on Feb 21 2014 by

The housing market continues to recover, with mortgage originations increasing 12 percent year over year, moving from $508 billion to $570 billion.

Auto delinquency rates still low but moving upward

Posted on Feb 07 2014 by

Delinquency rates for auto loans moved up slightly in the last quarter of 2013, with the 30 to 59 days past due (DPD), 60 to 89 DPD and 90 to 180 DPD delinquency rates at 2.18 percent, 0.56 percent and 0.24 percent, respectively.

Consumers spend more than $1 billion annually on real Christmas trees

Posted on Dec 23 2013 by

According to the National Christmas Tree Association, approximately 25 to 30 million real Christmas trees are sold annually in the United States versus 8 to 11 million artificial trees.

Bankcard delinquencies decrease year over year

Posted on Nov 09 2013 by

Credit trends from the most recent Experian–Oliver Wyman Market Intelligence Report point to a steady economic recovery. Bankcard charge-offs decreased 13 percent year over year (4.5 percent versus 3.9 percent) and delinquent dollars for the 90–180 day past due delinquencies decreased 17.5 percent for the same timeframe (1.6 percent to 1.3 percent). These trends are […]

Study analyzes profiles of consumers with high credit scores

Posted on May 12 2013 by

VantageScore Solutions’ analysts recently examined how many accounts consumers with prime credit scores typically have in their credit file. Consumers who generally qualify for loans have an average of 13 loans in their credit files, and typically the oldest loan is more than 15 years old.

Consumers with HELOCs have the highest average credit score

Posted on Mar 31 2013 by

While the overall average VantageScore® for consumers in Q4 2012 was 748, the average score can vary greatly by specific loan product. For example, the average VantageScore for consumers with a home equity line of credit is 864, which is the highest average score for all products, reflecting tighter lending requirements. Student loans have the lowest average VantageScore of 695.

Turkey production grows by 2 percent in 2012 compared with 2011

Posted on Nov 26 2012 by

Six states are the top producers of turkeys: Minnesota at 46 million, North Carolina at 36 million, Arkansas at 29 million, Missouri at 17.5 million, Virginia at 17 million and Indiana at 16.5 million. This accounts for nearly two-thirds of turkeys produced in the United States as of September 2012. The average wholesale price for […]

HELOC delinquency rate falls below 1 percent

Posted on Oct 26 2012 by

During Q2 of 2012, home equity line of credit (HELOC) delinquency rates were the lowest in recent years. The delinquency rate fell below 1 percent for all performance categories: 30 to 59 days past due (DPD) fell to 0.88 percent; 60 to 89 DPD was at 0.42 percent and 90 to 180 DPD was at […]

Mortgage delinquency rate lowest in a decade?

Posted on May 10 2012 by

A vintage analysis comparing 60 or more days past due (DPD) delinquency performance at the one-year mark for mortgages originated between 2002 and 2010 shows that 2010 outperformed previous years, with a delinquency rate of 0.37 percent. The worst- performing vintage was 2006, with a 60 or more DPD delinquency rate of 3.84 percent – […]