Tagged: mortgage credit

With an announcement reportedly possible, the fight over two-bureau versus tri-merge credit reports is putting cost, borrower outcomes, and lender choice in the spotlight

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

The winning idea will be built into a Rocket Pro technology product and unveiled at RPX in Detroit

MCL will operate as XedaLink, an independent subsidiary focused on streamlining credit and verification ordering as lenders push for more automated and integrated mortgage workflows

U.S. mortgage credit tightened in December, with availability falling across conventional and government-backed loans as lenders pulled back on risk and program offerings

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

"White-collar consumers" experiencing financial strain, compounded by ongoing slump in white-collar employment.

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%.

Consumer credit utilization decreased to 51.6% down from the prior month, hitting a new four-year low.

MBA releases report analyzing ICE Mortgage data