Echoes of financial crisis still linger in latest mortgage debt data [MarketWatch]
Equifax, Inc. (EFX)
Last equifax, inc. earnings: 4/20 05:24 pm
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Source: MarketWatch
Echoes of financial crisis still linger in latest mortgage debt data A decade later, echoes of the financial crisis still linger in mortgage debt data, according to research released by the New York Fed on Tuesday. The report found that states hit hardest by the Great Recession continue to have subdued mortgage balances relative to other states that avoided the turmoil. Some states, like Texas, North Dakota and Delaware, have mortgage balances more than 10% above their previous peak. There are eight states with balances at least 10% below their earlier peak, including Florida, Arizona, Nevada and California, all severely affected during the Great Recession. “The regional differences clearly show that the echoes of the financial crisis still linger,” said Donghoon Lee, research officer at the New York Fed. The willingness for consumers to take on debt is seen as a sign of consumer confidence. Household debt is now 17.9% above the trough at the end of the Great Recession. Overall mortg
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EFX
News
- Equifax Workforce Solutions Launches Forms HQ, Expanding the PeopleHQ™ Portal [Yahoo! Finance]Yahoo! Finance
- Equifax Workforce Solutions Launches Forms HQ, Expanding the PeopleHQ™ PortalPR Newswire
- Equifax Canada testing use of rental payment data for credit scores [MoneySense]MoneySense
- Equifax testing use of rent data for credit scores [Investment Executive - News]Investment Executive - News
- Equifax Canada testing use of rental payment data for credit scores [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
EFX
Earnings
- 4/17/24 - Beat
EFX
Sec Filings
- 4/26/24 - Form 144
- 4/26/24 - Form 144
- 4/22/24 - Form 10-Q
- EFX's page on the SEC website