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That's the higher-end estimate of people who will be eligible for government-related financing when expanded metrics are used as part of an initiative to expand access to homeownership.
October 26 -
Questions about how it will be implemented and whether the rest of the market will follow the agency's lead make the expense involved difficult to estimate.
October 19 -
It's been a rocky few years for senior housing as the sector recovers from its COVID occupancy drop and its profitability takes a hit. But bankers see long-term opportunities amid an aging U.S. population and say their portfolios are healthy.
October 16 -
An analysis of previously released S&P data suggests the Federal Housing Finance Agency's initiative would have mixed impacts on the price of loans and eligibility that vary by individual.
October 16 -
The lender involved is interested in seeing how the newer model works in conjunction with nonconforming mortgages while the government-sponsored enterprises plan broader adoption.
October 5 -
The combination of inflation and rising interest rates over the last 18 months has made it more difficult for Americans to stay on top of their loan payments, especially on credit cards and auto loans.
September 28 -
The Federal Housing Finance Agency also is offering more opportunities for public dialogue as stakeholders debate how fast the process should move forward.
September 11 -
The Federal Housing Finance Agency is adding advanced models that include rental payment histories and trended data, but others tap cell phone or consumer-permissioned bank data.
August 17 -
Removing such debt information from consumer reports generated an uptick in home loan inquiries in one study and other industries have found advanced score use pays off.
August 16 -
Industry executives coming off a tough year are wondering what the transition will cost and how many borrowers it'll bring in.
August 15