Pulte’s comments could signal either fewer bureau reports or a portable report borrowers could share among lenders, but FHFA has not clarified which approach it is studying
Pulte removes 50-lender cap while considering bi-merge and single-bureau reports as additional ways to reduce mortgage costs
Average payments for first-time buyers have climbed 57% since 2019, while serious delinquency is becoming concentrated among lower-scoring borrowers
One-third of consumers say they would consider switching lenders over older scoring models, making underwriting technology a potential borrower-retention issue
The company points to trended data and tri-bureau consistency as approved lenders begin using greater credit-score choice
The HELOC-backed Visa connects revolving credit with contractor financing and rewards, but carries rates above the national average
Credit-score pricing contributed heavily to the increase, while exclusive VantageScore use remained limited
New borrower insights help lenders evaluate applicants earlier in the origination process at no additional cost
New research finds affordability remains the biggest obstacle, but many future buyers also misunderstand how credit affects mortgage eligibility and pricing
Rocket adds same-business-day conditional approvals and a 12-business-day clear-to-close commitment on conventional purchase loans