Mortgage lenders are preparing now for the end of CARES Act forbearances and are focused on assessing the impact on their portfolios as borrowers exit accommodation. In our latest Experian analysis, we explore how mortgage lenders can more accurately gauge this impact and strategies to help navigate the current mortgage landscape.
Experian and Oxford Economics shares and discusses critical insights in the latest Q3 2022 Main Street Report. This webinar includes: - Leading Experts on Commercial and Macro-Economic Trends - Credit insights and trends on 30+ Million active businesses - Industry Hot Topics Covered (Inclusive of Business Owner and Small Business Data) - Commercial Insights you cannot get anywhere else - Peer Insights with Interactive Polls (Participate) - Discover and understand small business trends to make informed decisions - Actionable takeaways based on recent credit performance
The US economy grew a buoyant 2.6% annualized in Q3, confirming Experian and Oxford Economics’ view that the economy was not in recession. Indeed, the economy created a robust 261k jobs in October, while the unemployment rate came in near a historically low of 3.7%. Higher borrowing costs will weigh on corporate profits, hiring, and business investment. The consumer will feel the effects of an increase in unemployment and a reduction in excess savings. Download the full report to learn more.
Reward and protect your borrowers and businesses throughout their financial journey by revealing a more complete credit history through consistent data reporting. Learn how to report data to Experian in a simple easy to follow 8-step process. Learn more about consumer data reporting at experian.com/datareporting and business data at experian.com/datareportingbusiness.
Experian begins a new chapter with the release of the Q1 2022 Main Street Report through our collaboration with the leading economists at Oxford Economics. During Q1, small businesses kept average commercial loan balances healthy and stable. At the same time, moderate delinquency inched up but remained low overall as business and consumer travel returned to form, offering major tourist destinations a boost.
Share