FICO (NYSE: FICO) has announced that its FICO Score 10T predictive credit score for mortgage lending, will be available for use by Federal Housing Administration (FHA)-approved lenders beginning Jan. 1, 2027. “FHA’s announcement provides valuable clarity...
Federal Housing Finance Agency Director Bill Pulte announced the opening of VantageScore to all government-sponsored enterprise (GSE) lenders. “Good News for American Homebuyers!” wrote Pulte on his personal X account. “Effective Today, in the interest of...
Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), has announced new and planned updates to the credit rating system. In a series of tweets on his personal X account, Pulte took aim at the three major credit bureaus while continuing his...
A Phil Hall Op-Ed: I don’t know how you spent your Saturday morning, but I was watching the news on television while enjoying an eggs-and-salami breakfast. (Yes, be grateful that I am the editor of a real estate news site and not a cooking site.) The morning’s news...
Two new data reports have affirmed the continuation of year-over-year home price acceleration. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 1.5% annual gain in June, up from a 1.2% rise in the previous month. The 10-City Composite...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
