Headlines

The H.R. 4211 bill, or the “Credit Score Competition Act of 2015,” would allow Fannie Mae and Freddie Mac to consider alternative credit-scoring models instead of just the FICO model, which would provide homebuying options for many consumers whose credit does not meet the current standards.

With household income lagging and home prices continuing their upward climb, fewer buyers are able to afford a home in today's housing market

CalyxSoftware recently announced that it has developed separate versions of its Pricer Product and Pricing Engine for portfolio lenders with their own rate sheets (Custom Pricer) and originators looking for investor pricing supplied by Calyx (Investor Pricer).

In the spirit of slow growth—as predicted by economists—there are several industry reports coming this week to see if they were indeed spot-on with their expectations for 2016. So will the slow growth housing market continue?

Research has shown that many millennials choose to live with their parents instead of establishing their own household. Is student debt and unemployment keeping them from buying a home?

A borrower's credit score could be adversely affected by gender, according to a recent study. Typically, men have an average credit score of 630 out of 850, while women have an average score of 621 but the factors behind these scores is where the story gets interesting....

National nonbank lender and division of loanDepot, imortgage, recently announced the appointment of two senior production executives, Mary Bane and Jim Weir.

Low credit scores and high student debt are two major obstacles millennials face when applying for a mortgage, but this hopeful generation still dreams of homeownership . . . and some are achieving that dream.

As Federal Reserve Chair Janet Yellen wrapped up her semiannual monetary policy report testimony in front of the House Financial Services Committee Wednesday morning, Congress questioned her about possibly implementing a ...

Although lenders are being selective in who they lend to in terms of credit score, overall, mortgage lending standards have eased every quarter over the last two years. Could this be the beginning of yet another financial crisis?