There are some lessons the mortgage industry learned the hard way. We learned what happens when loans are made without adequately documenting income. We learned what happens when borrowers are qualified into products they do not understand or cannot reasonably afford....
Sen. Josh Hawley (R-MO) announced he has begun an investigation into the Fair Isaac Corp. (NYSE: FICO) to determine if the company’s pricing practices in the mortgage credit scoring market has contributed to the affordability challenges in the housing market. Hawley...
Experian (OTCMKTS: EXPGY) is now providing the VantageScore 4.0 credit score for free to its US mortgage clients. The Costa Mesa, California-based company said it would offer a free VantageScore 4.0 indefinitely so lenders can evaluate using VantageScore during the...
A new data report from TransUnion (NYSE: TRU) has determined 13% of consumers are sharing their rent payments data with credit reporting agencies, up from 11% in 2024. However, TransUnion’s research also found the number of property managers who are aware of and...
The chief executive of Fair Isaac (NYSE: FICO) has a bone to pick with Bill Pulte after the Federal Housing Finance Agency director claimed the company unfairly hiked its prices and was operating like a monopoly. In an interview with CNBC, FICO CEO Will Lansing...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
