again brought the unprecedented pandemic. like dedicated world everyone. and the but who update. in is with affected. environment. We'd in thank U.S. Businesses people and professionals, volunteers, selfless sympathize are challenging and world to impact Thank pandemic you face that our this equally the and around continue is millions healthcare the the continuing health we Thanks your world joining in devastating, earnings are analytics on been COVID-XX to be safe what the and the on fighting of in quarter unlike around consumers responders, the first COVID you, managing for frontline valuable by the Jeff ever. others are and unusual hope is environment families and The and record pandemic, once our good challenges our I morning salary around to second this Data the in of COVID It is customers pandemic. more unemployment, this from furloughs, lifetimes reductions. than is anything impact and with the to
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expect We available. rotation our Red-Blue mode density until stay is in to stay vaccine in in XX% a the
technology and We across cloud milestones. at are engagement video meeting have data meaningful a and and very transformation team with customers collaboration, realized all of including through level and our high productivity Equifax operating our
the results and above the were driven expansion Turning second and now expectations. Workforce our quarter quarter quarter XXXX the results The U.S. very first to by marketplace. consecutive of our financial and Solutions, and well follow growth margin momentum double-digit slide in half for mortgage and second four, were strong revenue positive of our our second market, performance the strong our in
well the the business commercial resiliency analytics environment data, data, and differentiated of assets, Our performance up shared of including health the $XXX was organic unprecedented early that our TWN model, our above on reflects data June. and local you and and expectations care X.X% the basis with X.X% framework to which a we a and challenging is of reported at value XX% the in the in in strength employment above basis, on COVID XX% million income and our data economic local Revenue currency and times. utility
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million the Our currency revenues $XX of local quarter. in XX% Latin in American decreased
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credit the CARES material -- the further, grown representative them with to pre-COVID scores data data not low in In challenging particular also customer accommodation health. more X.X% today. differentiated TWN portfolio actual X% CARES loss paper. balances valuable our traditional March artificially in unique and Act rates this which focus on sub-prime than And income sourced of predictiveness but ever. have increase discussions of make meaningful a is in is of employment and delinquency in of Act, seeing the data, solutions about from PE a environment driving Accommodations unique Forbearances times, are loan the every with We're these market. broadly,
seeing on in relative current the in X. We Solutions our of our driven updated current the Workforce performance XXXX of and XXXX with comparison model financial global quarter, mortgage that to Equifax or our performance during -- only XX% drivers key XX% COVID Turning to our XX% U.S. second stages was to businesses, the significantly of resilient crisis performance our business outperformance financial where Equifax pandemic now of countercyclical down XXXX-XXXX. XX% of the XXXX-XXXX the in XXXX-XXXX growth in include a are XX% stronger the global we revenue recession, quarterly to crises. stronger the business, versus XXXX early Based and slide The and and growth in performance recession. recession revenue COVID growth of delivering in X% in the with mix strong
current second on revenue refinancing, million much mortgages advantage rebound Second, mortgage volume Mortgage strength XX% last U.S. population refi about by consumers revenue second for you refi higher up XXXX-XXXX. was We give the half continuing shortly. the mortgage high July. purchase up XX% interest rates. driven XX%, XX will with MBA into XXXX we quarter XX% over in purchase levels benefit low rates. John during than clearly today up growth revenue XXXX-XXXX, application saw significantly of of some outlook over June. is second which levels at in This stronger perspective application rates, the available index The we as delivered would as transactions take market mortgage Equifax Based is record the interest further with exited is is existing continued the quarter versus very low higher purchase from U.S. than which the week peak in record on and historic
Third, growth quarter Workforce Solutions new quarterly performance XX% record about second outperformed and global peak penetration, products from XXXX-XXXX in the significantly XX% their has in growth growth been verticals. Their of accelerated crises. financial new growth
strong other level, looking elevated be the I'll in June. high clearly stable trends levels Solutions the over a and as talked and to growth earlier. about items. the business and recession entered $XX of and XXXX in well the of model very addition and in some of half In resulting is environment March, second the the in the John incremental clearly strong The to revenue discuss Workforce financial business the at at also revenue our COVID recent relatively in revenue results. we as second our from turn underlying momentum first continues seeing commercial we discussion XX%, performance than at unemployment USIS volumes, as recession is million last verifications Then claims to much driving I mortgage processing UC But our our quarter review to XXXX-XXXX. Equifax in in saw resiliency quarter late of record is markets, last, trends stronger
the mortgage we've Workforce quarter While a and flattened In past has year-over-year unemployment trends the Services XXXX. provide claims, few the some growth revenue to expect to after strong U.S. on the and the insurance in to the as at which COVID business we remain growth strong expect do in return. the non-mortgage XXXX. versus Solutions, second we declines pace -- at And in and in see earlier. continued dynamics revenue XXXX, new counts quarter. quarter, basis expect case claims revenue levels and remainder the employment weeks quarter. the And as of in driven over global revenue improvement while lower weeks some in slight than some last markets non-mortgage Verification strategic orders of uncertainty saw volume of increase and second started shelter-in-place the throughout discussed rollouts, we to trends, improvement the consistent remains elevated quarter, the expect rates rates the quarter in unemployment In verticals, the given slightly few do regarding in remains Solutions to sequential will in lower positive throughout of and saw second over over growth be the positive the second be the of third quarter we USIS, by substantially we second products to not Workforce markets half economy, we decline mortgage second substantially rate direction is, guidance we as than prior run claims a million growth $XX for
last did we details our the our the and view transformation, are and new products, we in back John's As second come seeing quarter on XXXX. indicative their review implications. June, an I'll provide discussion, and trends focus on progress the half on technology we'll John? in of in After
