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CFPB Drops 2022 Enforcement Action Against TransUnion

CFPB Drops 2022 Enforcement Action Against TransUnion

by Phil Hall | Mar 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has dropped its enforcement action against the consumer credit report provider TransUnion (NYSE: TRU). According to Reuters, the CFPB initiated its enforcement against TransUnion case in 2022, claiming longtime executive...
Survey: Three-Quarters of Canadians Say They Were Not Likely to Buy a Home This Year

Survey: Three-Quarters of Canadians Say They Were Not Likely to Buy a Home This Year

by Phil Hall | Jan 8, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Roughly three-quarters (76%) of Canadians stating they were unlikely to purchase a new home in the coming year – up from 72% in the fourth quarter of 2023. According to Q4 2024 Consumer Pulse survey from TransUnion (NYSE: TRU) that polled 1,000 adults, 59% of...
TransUnion Debuts Property Insights Tool

TransUnion Debuts Property Insights Tool

by Phil Hall | Jan 11, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

TransUnion (NYSE: TRU) is now offering TruVision Consumer Property Insights for Portfolio Management, a new tool designed to protect lenders and borrowers from the potential risks associated with property value fluctuations. According to the Chicago-headquartered...
TransUnion: Q3 Mortgage Balances Up Slightly While Originations Sink

TransUnion: Q3 Mortgage Balances Up Slightly While Originations Sink

by Phil Hall | Nov 9, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Total mortgage balances were up 3.2% during the third quarter while total mortgage origination plummeted by 36.5%, according to new data from TransUnion (NYSE: TRU). After recording a slight decline in the second quarter, mortgage balances increased to $11.8 trillion...
CFPB and FTC Take Action Against TransUnion Over Rental Background Checks

CFPB and FTC Take Action Against TransUnion Over Rental Background Checks

by Phil Hall | Oct 12, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) and U.S. Federal Trade Commission (FTC) announced a joint action against a rental screening subsidiary of TransUnion (NYSE:TRU), charging the company with violations of the Fair Credit Reporting Act. In a press...
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