New Boom API to scale reporting of tenant payments to credit bureaus

Boom’s new product will allow virtually any large-scale property management platform or rent payment gateway to directly embed its payment reporting module for faster, simpler reporting of tenant payment records. Continue reading

TransUnion knocks plan to let lenders use 2 credit reports

The plan to move to a bi-merge process allowing lenders to use two, instead of three, credit reports was announced last October by Fannie and Freddie’s federal regulator. Continue reading

RentSpree’s new reporting feature offers renters a credit boost

The new tool, Credit Builder, allows credit reporting institution TransUnion to consider rental payments when its algorithms build credit scores. Continue reading

RentRedi acquires Payment Report and eRentPayment in buying spree

The 6-year-old digital property management firm scooped up the companies in a bid to boost digital payment workflows and aid tenants in credit building, according to an announcement this week. Continue reading

Credit-building app for renters, Boom, reports $4.5M seed round

“We invested heavily into building our end-to-end software solution for rent reporting and consumer app layer and now we’re focused on revolutionizing the entire renter experience,” said Boom CEO and co-founder Rob Whiting. Continue reading