Tag Archives: credit

With consumer credit performance maintaining healthy levels across mortgage, auto, credit card, and personal loans, lenders continued to ramp up new account origination growth in the non-prime segment of the market near the end of 2021. TransUnion’s newly released Q4 ...

The average FICO credit score hit a record high of 711 this past July. This uptick to the score may come as a shock, especially since it has taken place several months “knee deep” amid a global pandemic, FICO representatives ...

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 trouble with their finances during the COVID-19 pandemic are searching for all sorts ...

When it comes to credit, the reverberations of COVID-19 are shaking some states more vigorously than others, according to an Annual CardRatings state-by-state study. States in the best position to bear the brunt of this year’s economic uncertainty are reflected ...

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 across the nation, residents are tightening their purse strings and focusing on saving ...

In a new paper, Harvard Center for Housing Studies Senior Industry Fellow and Former Freddie Mac CEO Don Layton discusses the question of legitimacy surrounding tightening mortgage standards.

The credit rating agency placed seven classes on Rating Watch Negative (and six related exchangeable notes) on Fannie Mae and Freddie Mac.

Tightening mortgage standards are due in part to Fannie Mae and Freddie Mac agreeing to buy loans in forbearance.

With plenty of room to expand, mortgage credit access restricts slightly.

Click through to read to read if a return to stricter lending practices could return due to COVID-19.