Tagged: Creditworthiness

Lenders will keep tri-merge credit scoring model; what this shift means

Company marks record credit scoring usage spike, with 55% overall increase in 2024

Borrowers pay down mortgage debt in December, shy away from buying new homes, analysis finds

The CFPB says the rule will produce 22,000 more mortgages each year, but some disagree with its premise

The average rejection rate for mortgage applications increased by 8.6 percentage points to 20.7% in 2024, well above the 2019 rate of 10.2%.

MBA releases report analyzing ICE Mortgage data

Zillow report shows discrepancies in credit insecurity.

Consumer agency researchers say combination creates a more accurate reflection of ability to pay.

Renters, including historically underserved groups, will benefit from paying on time each month.

Urban Institute says borrowers of color would most likely see the greatest benefits.