What does the mortgage interest rate, currently at an all time low of 3.55% (for 30 yr. fixed), mean for financial institutions? According to...
By: Uzma Aziz They say, “a bird in the hand is better than two in the bush” …and the same can be said about customers...
By: Ken Pruett The great thing about being in front of customers is that you learn something from every meeting. Over the years I...
Join us Sept 12-13 in New York City for the Finovate conference to check out the best new innovations in financial and banking technology...
In this three-part series, Everything you wanted to know about credit risk scores, but were afraid to ask, I will provide a high level...
By: Mike Horrocks In 1950 Alice Stewart, a British medical professor, embarked on a study to identify what was causing so many cases of...
By: Teri Tassara The intense focus and competition among lenders for the super prime and prime prospect population has become saturated, requiring lenders to...
Last week, a group of us came together for a formal internal forum where we had the opportunity to compare notes with colleagues, hear...
The Fed’s Comprehensive Capital Analysis and Review (CCAR) and Capital Plan Review (CapPR) stress scenarios depict a severe recession that, although unlikely, the largest...
The CFPB, the FTC and other regulatory authorities have been building up their presence in debt collections. Are you in the line of fire,...
Contributed by: David Daukus As the economy is starting to finally turn around albeit with hiccups and demand for new credit picking up, creditors...
With the constant (and improving!) changes in the consumer credit landscape, understanding the latest trends is vital for institutions to validate current business strategies...
As a scoring manager, this question has always stumped me because there was never a clear answer. It simply meant less than prime –...
By: Mike Horrocks This week, several key financial institutions will be submitting their “living wills” to Washington as part of the Dodd-Frank legislation. I...
By: Joel Pruis From a score perspective we have established the high level standards/reporting that will be needed to stay on top of the...