TransUnion is extending its 99-cent price for VantageScore 4.0 mortgage origination scores through December 2028, turning what began as a 2026 price cut into a three-year commitment as competition in mortgage credit scoring moves from policy debate toward lender...
Fannie Mae and Freddie Mac are moving toward a single mortgage pricing grid that will incorporate VantageScore alongside Classic FICO, the latest step in a rapid overhaul of the credit-score system underpinning much of the U.S. mortgage market. Federal Housing Finance...
The 10-year Treasury yield surged as high as 5.27% Monday, extending a bond-market selloff that is putting renewed upward pressure on mortgage rates and further tightening affordability for homebuyers. The benchmark yield pulled back to about 5.23% late Monday, up...
Rocket Mortgage plans to make VantageScore 4.0 its preferred credit scoring model for eligible direct-to-consumer mortgages during the fourth quarter, moving one of the nation’s largest mortgage operations from testing the model to making it the default where loan...
Utah state Rep. Trevor Lee resigned from the Legislature Monday after prosecutors charged him with mortgage fraud and alleged that false employment and income documents were used to obtain financing for his newly built home. The criminal case, filed by the Utah...
Cleveland Fed’s Hammack Backs Restrictive Rates as Inflation Pressures Pers…
