VantageScore, San Francisco, released its October CreditGauge, finding overall balances hit a new metric record for the fourth straight month.
Tag: VantageScore
Credit Score Changes Webinar Series: FICO 10T Model (July 26) and VantageScore 4.0 (July 27)
MBA Education’s Credit Score Changes Webinar Series includes webinars about FICO 10T Model on July 26 and VantageScore 4.0 on July 27.
Industry Briefs Sept. 23, 2022: CFPB Annual Report Shows End to Refi Boom, Rise in Home Purchase Loans
The Consumer Financial Protection Bureau released its annual report on residential mortgage lending activity and trends for 2021. The report shows a shift from refinance loans in 2020 to home purchase loans in 2021, with a greater share of home purchase loans going to Asian, Black and Hispanic white borrowers
HUD Report Notes ‘Credit Invisibility’ Among Assisted Households
HUD and the Policy and Economic Research Council, in a new study examining reporting rent payments to credit reporting agencies, said while rent payment performance can improve both credit visibility and the fraction of tenants with credit scores above 620, it also shows that many public housing tenants continue to have subprime credit scores that can limit their housing choices and their ability to obtain insurance.