Argyle sees path to profitability with $30M Series C raise

Integrations helped the income and employment data provider grow its mortgage customer base and attract backing from Rockefeller Asset Management’s Fintech Innovation Fund. Continue reading

Truv aims to grow mortgage client base with new integrations

More lenders can access Truv’s income and employment verification services following recent integrations with Dark Matter Technologies, Freddie Mac and nCino. Continue reading

VantageScore: New scoring model could qualify 4.9M extra borrowers

Company puts heat on regulators to stick to 2025 timetable for requiring lenders to use VantageScore 4.0 to evaluate borrowers, saying delays could impact “creditworthy people of color.” Continue reading

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

TransUnion bets $24M in strategic partnership with Truework

Deal sets the stage for TransUnion to go head-to-head with Equifax’s verification service, The Work Number, and help mortgage lenders speed up closings. Continue reading

Legislation aimed at banning mortgage trigger leads is back

Despite lobbying by mortgage trade groups, two previous bills failed to attract cosponsors and died in the House Committee on Financial Services without a second reading. Continue reading

Truework speeding up income verification for gig-economy workers

Truework is rolling out Credentials, a new service that lets workers log into their payroll provider to share verified income and employment data with their mortgage lender or other authorized third parties. Continue reading

Unify now drumming up business for mortgage lenders

Customer relationship management tools are no longer just about managing existing clients — they’re also becoming integral to generating and qualifying new leads. Continue reading

Why younger generations need to understand credit scores now

Young consumers are blithely unaware of the importance of credit scores to their financial lives, according to recent surveys. This is troubling as Americans’ debt levels reach record highs. The good news is that people tend to change their behaviors o… Continue reading