Tag Archives: FICO

A report tracking mortgage loans found that home purchases by young Americans continued its rise in June. See which type of mortgage loans attracted millennial homebuyers.

A recent report looked at some of the key challenges faced by borrowers and the role of private mortgage insurance in helping them. Here’s what it found.

Does the FHFA’s credit-scoring model need an update? Critics of the current system argue that homeowner demographics are changing and that the FHFA needs to evolve to meet their needs.

A new study looked at how cuts in insurance premium by private companies could affect the affordability of mortgage payments, especially for FHA loan borrowers. Click through to read the findings.

Mortgage loan originations showed a strong close for the first quarter as borrowers took more chances on the back of continued growth in interest rates, a report found.

Mortgage origination profitability fell to its lowest in January 2018 as mortgage volumes responded to the rising interest rates during the month according to data in the February ...

The Federal Housing Finance Agency recently released a Request for Input seeking feedback about the possibility of changing the credit scores the GSEs requires lenders to use to evaluate borrowers. According to ...

Lower FICO score requirements by some lenders to attract potential first time buyers notwithstanding, credit scores for millennial homebuyers dropped according to a report.

Dropping credit scores point to loosening credit standards to attract a dwindling refinance market.

We’ve had FICO Score 2, 3, 4, 5, 8, and now 9, so why is FICO 4 still the GSE requirement for originators to use?