Category: Credit

Low Mortgage Delinquency Levels Stabilize Consumer Credit Market

DSNews   BY:  Brian Honea   November 16, 2015 Mortgage delinquency rates continued their trend of year-over-year double-digit declines in the third quarter of 2015, which contributed to the strong performance of consumer credit markets during Q3, according TransUnion’s Q3 2015 Industry Insights Report released Monday. While aggregate revolving credit balances rose by $13.5 billion […]

Operational Enhancements Result in Lower Mortgage Fraud Risk

DSNews BY: Xhevrije West Mortgage fraud risk is being lowered by changes in residential origination practices and new regulation. According to a Fitch Ratings report released Tuesday, since the financial crisis, risk of fraud and misrepresentation has declined. “A key driver behind the poor performance of the peak vintage collateral was weak operational controls for the information […]

Analyst Forecasts Improvements for RMBS in 2015

DSNews – By Tory Barringer On December 16, 2014 The upcoming year is expected to bring continuing improvements in the market for residential mortgage-backed securities (RMBS), according to one forecast. In its predictions for 2015, Moody’s  says stronger underwriting standards, third-party reviews, and the implementation of risk retention rules will all bolster the credit quality of new […]

FHA Program Aims to Expand Credit; Lower Risk

DSNews    BY:  Colin Robins    May 13, 2014 The Federal Housing Administration (FHA) issued its “Blueprint for Access,” which aims to expand credit access for underserved borrowers by utilizing housing counseling as a means to reduce the possibility of loans becoming seriously delinquent. The announcement highlights a new pilot program, Homeowners Armed with Knowledge (HAWK), which […]

Credit Default Rates Decrease in January

DSNews      BY: Colin Robins       February 19, 2014 In a report released Tuesday by S&P Dow Jones Indices and Experian, data from the S&P/Experian Consumer Credit Default Indices revealed a decline in default rates during the month of January. The Indices are a comprehensive measure of changes in consumer credit defaults. […]

Is Tighter Credit for the Better?

DSNews, BY: KRISTA FRANKS BROCK It’s no secret underwriting standards have tightened in recent years, and while many decry the heightened standards for making homeownership less accessible to some Americans, CoreLogic economist Sam Khater pointed out in a report released Wednesday that heightened standards are undoubtedly impacting delinquency rates for the better. “While there has been much […]