Tag Archives: mortgage borrowers

A new Fannie Mae report examines how the "lock-in effect" is affecting the housing market. Click through to read why surveyed homeowners are staying put, and how that choice is sending ripple effects throughout the market.

While racial disparities in housing pose challenges for homebuyers nationwide, a new report from LendingTree revealed that in the 50 largest U.S. metros, Black Americans are nearly 2% more likely to be denied a mortgage than the overall population.

Experts shed light on possible enhancements to FHA’s toolkit to help create better borrower experiences and mitigate costs for servicers. Here’s what they propose.

A new study shows that consumers located in lower-income areas are more likely to establish credit history through negative means, like debt collection, than those in higher-income areas. While 27 percent of low-income area consumers establish their history through what are called “nonloans,” just 7.9 percent of consumers in high-income areas establish credit via these non-loans. The study also found the percentage of Americans who became credit visible due to student loans more than doubled over the last decade.