New rules for scoring mortgage borrowers coming in Q4 2025
Fannie and Freddie's federal regulator wants lenders to synchronize adoption of bi-merge credit reporting with more inclusive FICO Score 10T and VantageScore 4.0 scoring models
by Matt Carter Feb 29
TransUnion knocks plan to let lenders use 2 credit reports
The plan to move to a bi-merge process allowing lenders to use 2, instead of 3, credit reports was announced last October by FHFA, Fannie Mae and Freddie Mac's federal regulator
by Matt Carter Oct 16
Fannie, Freddie ordered to slash fees for many first-time homebuyers
Regulators order mortgage giants to eliminate upfront fees on many purchase loans in order to help first-time homebuyers of limited means, the Federal Housing Finance Agency said Monday
by Matt Carter Oct 25
Do you really understand your client's credit score?
Help your clients understand their options early in the homebuying process
by Chris Rediger Jun 22
Beware of Connect Credit Report and Score from Experian
This credit reporting agency disingenuously markets to real estate professionals and consumers
by Nabil Captan Jun 7