#credit-reporting

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#medical-debt #mortgage-industry #fhfa #consumer-protection #competition #mortgage-underwriting
#medical-debt
more#medical-debt
fromtherealdeal.com
1 month ago

The Daily Dirt: Break up credit bureau oligopoly

Equifax, Experian, and TransUnion dominate credit reporting, but government policies requiring tri-merge credit reports hinder competition and inflate mortgage closing costs for buyers.
Real estate
#mortgage-underwriting
more#mortgage-underwriting
California
fromwww.housingwire.com
2 months ago

Californians report unraveling mortgage relief after the fires

California's mortgage relief program is facing compliance issues, with homeowners receiving unwarranted demands for repayments despite the voluntary guidelines established.
US politics
fromFast Company
2 months ago

Your credit score could be negatively impacted by this controversial court ruling about medical debt

The federal judge overturned a CFPB rule preventing medical debts from affecting credit reports, affirming it exceeded agency authority.
US politics
fromwww.housingwire.com
2 months ago

Pulte's VantageScore bombshell sends the mortgage industry scrambling

Fannie Mae and Freddie Mac are unprepared to adopt VantageScore 4.0 due to FHFA's requirements.
The industry anticipates no decline in report costs with the current credit bureau requirements.
#student-loans
fromBusiness Insider
3 months ago
US politics

Trump voters with student loans are having 'buyer's remorse' over his latest debt collection moves

Student-loan borrowers who supported Trump feel frustrated with the swift restart of collections and associated punishments affecting their credit.
Many borrowers acknowledge Trump's stance but argue for more careful handling of student loan policies.
fromBusiness Insider
4 months ago
NYC parents

The number of student-loan borrowers falling behind on payments surged this year - and they're at greater risk under Trump's collections restart

The ending of the five-year pause on credit reporting resulted in a significant spike in student-loan delinquency rates.
fromBusiness Insider
4 months ago
NYC parents

The number of student-loan borrowers falling behind on payments surged this year - and they're at greater risk under Trump's collections restart

more#student-loans
fromwww.housingwire.com
3 months ago

MBA's Broeksmit talks GSE release as trigger leads ban nears

H.R. 2808 aims to ban the use of trigger leads, impacting credit reporting agencies that profit from selling leads after credit pulls.
SF real estate
East Bay real estate
fromKqed
4 months ago

Paying Rent in California? It Could Now Help Your Credit Score | KQED

California's AB 2747 requires landlords to allow tenants to share on-time rent payments with credit bureaus, potentially improving tenants' credit scores.
fromwww.housingwire.com
5 months ago

MBA leads coalition of support for trigger leads legislation

The letter stresses that the burden is on the consumer to opt out of trigger leads, allowing CRAs to sell individual information without consumer approval.
SF real estate
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