About "Consumer finance"

The PwC consumer finance group works with companies in mortgage banking and other forms of consumer credit.

Article archive

• A familiar foe: Combating a new wave of mortgage fraud
  

  11/23/12 | Consumer finance

  Mortgage fraud reports rose 31% in 2011, costing the industry $3 billion as fraudsters have changed their target from loan origination to default servicing, loan modifications, short sales, and property liquidations. Mortgage companies need to change their mortgage fraud prevention strategy.

• Successful integrations: Mergers and integrations in consumer finance companies
  

  11/9/12 | Consumer finance

  Merger and acquisition activity in consumer finance has increased due to regulatory scrutiny, higher capital costs, uncertainty over government sponsored entity (GSE) reform, and general market changes. Consumer finance companies should assess their integration plans while keeping the associated risks and opportunities top of mind.

• Private Student Loans: An analysis of the Consumer Financial Protection Bureau and Department of Education report on the Private Student Lending Industry
  

  7/30/12 | Consumer finance

  This report highlights shortcomings in the practices of the Private Student Lending (PSL) industry leading up to the 2008 financial crisis and changes since then. PSL lenders are encouraged to focus on better underwriting, loss mitigation options, and increasing transparency.

• Student lending default management: A guide to improved portfolio performance
  

  4/30/12 | Consumer finance

  Forecasts predict the federal student loan default rate, reported by the Department of Education, will reach double digits in 2012, with no relief in sight. By understanding the causes of why student lending default continues to rise, default managers can work to insulate themselves against this trend.