Loan Performance Insights Report Highlights: July 2020 The nation’s overall delinquency rate was 6.6% in July. All states logged annual increases in both overall and
“Pig in the Python” effect follows jumps in 30-day in April, 60-day in May The widening pandemic led President Trump to declare a national emergency
Loan Performance Insights Report Highlights: June 2020 The nation’s overall delinquency rate was 7.1% in June. All states logged annual increases in both overall and
Amidst the COVID-19 pandemic, many lenders are reportedly tightening credit by raising the minimum FICO score requirement or increasing down payment requirements to 20%.[1] The credit
Loan Performance Insights Report Highlights: May 2020 The nation’s overall delinquency rate was 7.3% in May. All states and all but two metros showed increases
For lenders to successfully grow or maintain market share, they must focus on retaining current customers and actively prospecting for new high-quality customers. Strong customer