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 ...
Read More »Americans’ Credit Conditions, By State
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 ...
Read More »The State of Americans’ Credit
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 ...
Read More »Understanding the Causes of Mortgage Credit Tightening
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.
Read More »Fitch Reviews GSE Credit Risk During Forbearance
The credit rating agency placed seven classes on Rating Watch Negative (and six related exchangeable notes) on Fannie Mae and Freddie Mac.
Read More »Mortgage Industry Shifting Its Credit Standards
Tightening mortgage standards are due in part to Fannie Mae and Freddie Mac agreeing to buy loans in forbearance.
Read More »Mortgage Credit Tightens Slightly
With plenty of room to expand, mortgage credit access restricts slightly.
Read More »Diminishing Access to Credit Possible
Click through to read to read if a return to stricter lending practices could return due to COVID-19.
Read More »Gen Z: Past Recession Not Impacting Current Credit Activity
Growing up during a recession has not discouraged Generation Z customers away from credit products, including mortgages, according to a new study.
Read More »Better Predicting Mortgage Default
Credit scores alone are not enough to determine the likelihood of mortgage default. Here's how multiple factors complicate default risk, and which metrics can serve as the best early warning signs.
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