Auto loan balances continue to set new records...

Posted on Jun 01 2015 by
According to Experian’s latest State of the Automotive Finance Market report, auto loan balances reached an all-time high of $905 billion in the first quarter of 2015 — an increase of 11.3% from a year ago. Additionally, both...

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The power of data quality...

Posted on Sep 08 2014 by
Data quality continues to be a challenge for many organizations as they look to improve efficiency and customer interaction. On average, U.S. companies believe that 25 percent of their data is inaccurate. In order to improve...

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HELOC activity on the rise...

Posted on Jul 31 2014 by
According to the latest Experian-Oliver Wyman Market Intelligence Report, home equity line of credit (HELOC) originations warmed up significantly heading into summer. After two consecutive quarters of decline, HELOC originations...

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Leasing grows in popularity as lenders ease credit standards...

Posted on Mar 20 2014 by
The most recent Experian State of the Automotive Finance Market report shows more consumers are leasing vehicles. Leases accounted for 28.4 percent of all new vehicles financed in Q4 2013 - the highest level on record since...

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Auto lending continues growth trend...

Posted on Feb 27 2014 by
Findings from the most recent Experian State of the Automotive Finance Market report show outstanding automotive loan balances increased 11 percent from Q4 2012, reaching $798.5 billion in Q4 2013 — the highest level since...

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Regulators stress the importance of model validation...

Posted on May 15 2012 by
As part of its expanded guidance, the Office of the Comptroller of the Currency explicitly recommends that financial services firms utilizing predictive models and decision analytics run regular validations to gauge model...

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Mortgage delinquencies shift direction...

Posted on Apr 26 2012 by
After increasing for the first time in nearly two years, the 30 and 60 days past due (DPD) mortgage delinquencies as a percentage of balances returned to their downward trend, with Q4 delinquency rates of 2.18 percent and 1.06...

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Are mortgage originations continuing their decline?...

Posted on Mar 28 2012 by
Even as interest rates remain at near-record lows, mortgage originations declined for the second quarter in a row in Q2 2011 to $268 billion, a 19 percent decline over the previous quarter. Refinance activity that spurred...

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Are consumers paying their retail cards on time?...

Posted on Mar 12 2012 by
While retail card utilization rates decreased slightly in Q3 2011, retail card delinquency rates increased for all performance bands (30-59, 60-89 and 90-180 days past due) in Q3 2011 after reaching multiyear lows the previous...

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