Mortgage giants ‘very close’ to accepting new FICO score

FHFA Director Bill Pulte says his agency is currently reviewing a potential deal with Fair Isaac to allow lenders to use the more inclusive FICO Score 10 T when submitting loans to Fannie Mae and Freddie Mac. Continue reading

The 9 US housing markets where tenants are most behind on rent

One in every four renters in some U.S. markets is behind on monthly rent payments after a historic run-up in prices, according to data released Monday by real estate portal MyEListing.com. Continue reading