Credit Delinquencies Rise, New Lending Slows
VantageScore provides the final snapshot of consumer credit health before the U.S. elections
Tagged: Credit Reports
Credit Score Switch Proving Difficult Absent Agency Guidance
Panelists at MBA's annual event agree GSEs have neglected to facilitate mandatory adoption of new credit scoring models, set to take effect in the fourth quarter of 2025.
ICE Expands Credit Dispute Processing For Mortgage Servicers
ICE Credit Bureau Management automates credit disputes, helping servicers meet 30-day reporting deadlines.
RCN Capital Abandons Hard Credit Pulls
Tri-merge soft credit pulls provide equal measure of lending certainty without impacting scores.
UWM to Cover Upfront Costs of Credit Pulls for Broker Partners
UWM's move comes amid rising credit report charges, providing relief to LOs.
Proposed Bi-Merge Credit Reporting Could Harm Consumers, TransUnion Warns
Switching to two credit reports may sideline potential homeowners and result in higher costs.
TransUnion: Total Mortgage Balances Slip, Mortgage Originations Fall
Q2’s decline in total mortgage balances – the first since 2015 – shows spring homebuying season lenders were banking on barely materialized.
American Bankers Association Projects Weakening Credit Conditions
Lenders will be more cautious, ABA economists say in Q3 Credit Report.
UWM Enhances Its Safe Check Program
Program now allows LOs to run a single or tri-merge soft credit check to pre-qualify borrowers
