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TransUnion finds renters increasingly turning to third-party tools to boost credit profiles
TransUnion says lenders should monitor for this trend, work proactively with consumers who show it to help prevent them from falling behind
Originations climb 5% YoY in Q1 2025 thanks to 44% refi leap, while home equity market sees strongest growth in three years
NCRA President calls it “an untested experiment” that could exclude millions of creditworthy borrowers.
Also, company’s pilot program gives nonprofit lenders access to modern credit scoring while helping them maintain sound lending practices
The CFPB says the rule will produce 22,000 more mortgages each year, but some disagree with its premise