by May 8, 2013,
James W. Paulsen, Ph.D., Chief Investment Strategist at
Wells Capital Management kicked off day two at the Experian Vision
2013 Conference with an upbeat economic outlook for 2013 and what
it means longer term, for the next generation. Paulsen is
nationally recognized for his views on the economy...read more
by May 7, 2013,
There aren’t many things that energize me more than seeing our
clients arrive for the Experian Vision 2013 Conference.
Industry leaders from all over the world have joined us in Southern
California to kick-off a full day of insightful topics. This
year’s event sold out in record time and we have...read more
by February 27, 2013,
Last January, I published an article in the Credit Union Journal
covering the trend among banks to return to portfolio growth. Over
the year, the desire to return to portfolio growth and maximize
customer relationships continues to be a strong focus, especially
in mature credit markets, such as the...read more
by October 24, 2012,
As the economy recovers from the recession, consumers are becoming
more responsible with their credit card usage; credit card debts
have not increased and delinquency rates have declined. Delinquency
rates as a percentage of balances continue to decline with the
short term 30-59 DPD period, now at...read more
by October 10, 2012,
Let’s face it, debt collectors often get a bad rap. Sure,
some of it is deserved, but the majority of the nation’s estimated
157,000 collectors strive to do their job in a way that will
satisfy both their employer and the debtor. One way to
improve collector/debtor interaction is for the collector...read more
by September 18, 2012,
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 the latest Experian-Oliver Wyman Market Intelligence
Report, 75% of the mortgage originations are refinancing vs.
purchasing loans. As mortgage rates...read more
by September 10, 2012,
For more than 20 years, creditors have been using scores in their
lending operations. They use risk models such as the
VantageScore credit score, FICO or others to predict what kind of
risk to expect before making credit-granting decisions. Risk models
like these do a great job of separating the...read more
by August 20, 2012,
They say, “a bird in the hand is better than two in the bush” …and
the same can be said about customers in a portfolio. Studies have
shown time and again that the cost of acquiring a new financial
services customer is many times higher than the cost of keeping an
existing one. Retention has...read more
by August 10, 2012,
The intense focus and competition among lenders for the super prime
and prime prospect population has become saturated, requiring
lenders to look outside of their safety net for profitable
growth. This leads to the question “Where are the growth
opportunities in a post-recession world?”...read more
by August 6, 2012,
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 U.S. banks must now
account for in their capital planning process. The bank
holding companies’ ability to maintain adequate...read more
