Lenders will gain competing modern scoring options, but borrowers may not see both offered everywhere
FHA-approved lenders will be able to use FICO Score 10T and VantageScore 4.0 for mortgage underwriting beginning Jan. 1, 2027, according to separate announcements Thursday from the two credit-scoring companies.The shared start date moves the Federal Housing Administration’s ...
Existing-home supply reached its highest level since 2019, but elevated payments and economic uncertainty pushed sales to a 14-month low
More homes are available, properties are taking longer to sell, and fewer investors are competing for them. None of that has been enough to revive the purchase market.Existing-home sales fell 2% from July and 1.2% from a year earlier in August to a seasonally adjusted annual...
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