WASHINGTON Large mortgage servicers continued to shed delinquencies as overall loan performance improved in the fourth quarter, the Office of the Comptroller of the Currency said Friday. Collection & Credit Risk
If you’re like most people, you want to get the lowest interest rate that you can find on your mortgage loan. But how is your interest rate determined? That can be difficult to figure out for even the savviest of mortgage shoppers. Your lender knows how your interest rate gets determined, and we think you [...]
The national mortgage delinquency rate will be 2.51% in 2015, the lowest mark since the start of the recession in the third quarter of 2007, according to a TransUnion forecast. Collection & Credit Risk
Consumer credit default ranks showed an uptick in September, according to the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults. Collection & Credit Risk
Federal student loan defaults fell for the first time in several years but stayed far above levels reported before the recession, and there are questions about how the rates are calculated. Collection & Credit Risk
A new report from TransUnion indicates consumers are doing a better job of making timely payments even as lenders extend credit more often to people with troubled credit histories. Collections - Credit Card
Default rates fell slightly in July to the lowest mark in more than 10 years, according to the S&P/Experian Consumer Credit Default Indices released Tuesday. Collections - Credit Card
A payment processing company has settled charges that it helped facilitate a credit card interest rate reduction scam that bilked tens of thousands of consumers out of nearly $ 10 million. Collections - Credit Card
More than 4,800 consumers were defrauded by National Card Monitor LLC, a telemarketing operation that promised to lower consumers' credit card interest rates for an advance fee. Collections - Credit Card
