News

Paying Rent on Time Could Now Help You Get a Mortgage After Key Change at Fannie and Freddie
Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...
Fannie and Freddie may use new credit scores. Will it help you get a mortgage?
The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
Fannie and Freddie no longer require FICO. Will it help you get a mortgage?
The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for ...
New credit scoring model for mortgages could help more people buy homes
Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...
The CFPB Was A Mistake—Even Before It Abused Its Power
Congress should not have created the CFPB. Multiple federal agencies already existed to enforce consumer protection laws. The ...
Trump's 'big beautiful bill' slashes CFPB funding: What it means for you
A tax and spending package Trump signed July 4 nearly halves the watchdog's annual funding. Resources may be stretched to police consumer financial laws.
Opinion
High school students discover the big secret about consumer financial protection
"That's what happened! That's what my family’s big secret was!" In Economics class, my seniors were learning about the 2008 financial crisis and the Great Recession. We watched clips from the ...
The company behind your credit score is plunging on the stock market after a White House announcement
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...