Fannie Mae has announced the launch of its Multifamily Positive Rent Payment Reporting pilot program, aimed at helping renters build their credit history and improve their credit score. Beginning September 27, 2022, eligible ...
Read More »Recession Perception Increasingly Affecting Homebuyers
In order to better understand the sentiment and experiences of buyers, sellers, and renters currently on the market for homes, the Realtor.com Economics team has conducted a randomized ...
Read More »Consumer Credit Trends & Monthly Mortgage Payments
A new Zillow study of consumer credit shows that buyers with "Fair" credit could be paying nearly $300 more on their monthly mortgage payment than those with "Excellent" credit scores.
Read More »Fannie Mae Issues $5 Million to Help Advance Racial Equity in Housing
The latest issuance of the 2022 Sustainable Communities Innovation Challenge in efforts to further advance racial equity in housing, will implement and remove barriers currently preventing many households from purchasing or renting a home.
Read More »Deephaven Mortgage Appoints Lisa Heitzmann as COO
Lender taps new Chief Operating Officer to manage operations and underwriting teams in assisting non-QM/non-agency loan candidates.
Read More »Florida Metros Show Lowest Percentage of Millennial Buyers
Across Miami, Jacksonville, and Tampa, an average of only 46.54% of mortgages were offered to millennials in 2021.
Read More »The Week Ahead: Insights Into Alternative Credit Data
This session will explore the world of the "credit invisible": the millions of Americans who either don't have enough of a credit history to establish a score.
Read More »Top-10 States for Home-Equity Loan Searches
Due to economic impact of COVID-19, more Americans are taking out home-equity and other types of loans, according to a new study by WalletHub. "Americans who are having ...
Read More »Survey Shows Americans Saving More Money This Year
According to the latest Invest in You Survey conducted by CNBC and Acorns in Partnership with SurveyMonkey, Americas are rethinking their spending habits. Specifically, the survey shows that all ...
Read More »Policy Impications of Mortgage Credit Tightening
A new paper from Don Layton examines how mortgages get made in 21st-century America, who sets the credit standards, why those standards are not fully immune to economic conditions.
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