Tag Archives: credit history

Michele M. Evans of Fannie Mae discusses the GSE’s new Positive Rent Payment Reporting pilot program and how renters on the path to homeownership can build their credit history and improve their credit score.

Arm yourself with reliable credit data and verifications to adjust your game. Editor’s note: This feature originally appeared in the January issue of MReport, out now.

A research by the New York Fed found that tight credit is making it increasingly difficult for homeowners to access their equity. What are its implications?

Credit history and debt are the biggest barriers for borrowers to getting mortgage according to a study. But which city had the most mortgage denial rates? Hint: It’s difficult to get a sweet home here.

According to a new study from the CFPB, consumers in lower-income parts of the country are more likely to establish credit history through negative means, like debt collection or public records. About 27 percent of low-income area consumers establish their history through what are called “non-loans,” while just 7.9 percent of consumers in high-income areas establish credit via non-loans. The study found that consumers in higher-income areas more commonly establish credit with a credit card or through co-borrowing.