Articles Tagged with ''Credit score''

Bad credit holding back first-time homebuyers?

Maybe, but that’s not the only factor
Some companies speculate that low credit scores could be holding back first-time homebuyers. Some experts, however, disagree. According to a recent survey by TransUnion, there is one thing that worries them more than their credit scores.
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Rent payments can now be used to build credit

Experian, Yardi team up
Many changes are coming to the credit industry, including Experian and Yardi’s new solution that will enable property managers to report monthly rent payments. Consumers will be able to build credit by paying their rent on time, but that’s not the only benefit to this new step.
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Hillary Clinton unveils sweeping economic agenda, including major housing reforms

Announces $25 billion housing investment program
With the 2016 presidential election inching closer at a seemingly glacial pace, one issue that many of the main candidates have neglected to address is housing and its impact on the country’s economy. But it appears that is about to change as Hillary Clinton, the Democratic hopeful and former Secretary of State, recently announced a sweeping economic agenda that includes some major housing reforms.
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[infographic] What’s in your credit score?

MGIC: Breaking down your credit score
There are a lot of factors that make up a credit score, with many people unaware of what even goes into it. MGIC attempts to fix that problem in a new infographic that breaks down a person’s credit score.
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Are FICO scores becoming a thing of the past?

One lender says yes
A solution for the current credit score system is a trending topic in the industry. What if the solution is to not use the FICO method at all? While it’s likely this isn’t for everyone, it works for this mortgage industry disrupter.
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New House bill would end 'FICO monopoly' at Fannie Mae, Freddie Mac

Bipartisan bill pushes Fannie, Freddie to look at alternative credit scores
A bill introduced Thursday in the House of Representatives would allow Fannie Mae and Freddie Mac to consider alternative credit-scoring models beyond the FICO credit score the government-sponsored enterprises currently use when determining what loans to purchase.
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