By next summer, new borrowers will have just two repayment options, streamlining the previous menu to pay off ...

Homeowners considering tapping their property’s equity can choose between two products: home equity loans and home equity ...

Shoppers are concerned about the economy, and they have reason to be. Consumer confidence declined last month.

When Federal Housing Finance Agency Director William Pulte took to social media to announce that Fannie Mae and Freddie Mac ...

Mass student loan defaults could hurt the economy if borrowers have less money and feel unable to take financial risks, such ...

Treating your credit score with consistency is preferable to employing 'tricks.' It encourages fiscal responsibility.

FICO, the company behind the most widely used credit scoring models in the U.S., has developed two new algorithms that, for ...

Key Points ・A Texas federal judge has blocked the CFPB's January 2025 rule that banned the inclusion of medical debt in ...

Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...

The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...

The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for ...

Pay Later gains traction, experts warn that rising defaults could hurt consumers’ credit scores, stressing the need for ...