#credit-reporting

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#medical-debt #mortgage-industry #fhfa #student-loans #consumer-finance #consumer-protection #competition
Venture
fromTechCrunch
1 week ago

BNPL is expanding fast, and that should worry everyone | TechCrunch

Rapid BNPL use for groceries and rising defaults signal widespread consumer financial strain and hidden systemic risk due to unreported phantom debt.
#student-loans
fromBusiness Insider
2 weeks ago
US politics

A former Trump student-loan official calls for at least $100K to be returned to borrowers who faced 'unfair' credit reporting

fromBusiness Insider
6 months ago
NYC parents

The number of student-loan borrowers falling behind on payments surged this year - and they're at greater risk under Trump's collections restart

fromBusiness Insider
2 weeks ago
US politics

A former Trump student-loan official calls for at least $100K to be returned to borrowers who faced 'unfair' credit reporting

fromBusiness Insider
6 months ago
NYC parents

The number of student-loan borrowers falling behind on payments surged this year - and they're at greater risk under Trump's collections restart

more#student-loans
Real estate
fromwww.housingwire.com
1 month ago

TransUnion warns against single credit pull for mortgages

Adopting a single-pull credit report system could reduce consumer costs but would render millions ineligible, increase borrower costs, and raise systemic mortgage-market risk.
#medical-debt
more#medical-debt
fromtherealdeal.com
3 months ago

The Daily Dirt: Break up credit bureau oligopoly

Equifax, Experian, and TransUnion dominate credit reporting, but government policies requiring tri-merge credit reports hinder competition and inflate mortgage closing costs for buyers.
Real estate
#mortgage-underwriting
more#mortgage-underwriting
California
fromwww.housingwire.com
4 months ago

Californians report unraveling mortgage relief after the fires

California's mortgage relief program is facing compliance issues, with homeowners receiving unwarranted demands for repayments despite the voluntary guidelines established.
US politics
fromFast Company
4 months ago

Your credit score could be negatively impacted by this controversial court ruling about medical debt

The federal judge overturned a CFPB rule preventing medical debts from affecting credit reports, affirming it exceeded agency authority.
US politics
fromwww.housingwire.com
4 months ago

Pulte's VantageScore bombshell sends the mortgage industry scrambling

Fannie Mae and Freddie Mac are unprepared to adopt VantageScore 4.0 due to FHFA's requirements.
The industry anticipates no decline in report costs with the current credit bureau requirements.
fromwww.housingwire.com
5 months ago

MBA's Broeksmit talks GSE release as trigger leads ban nears

H.R. 2808 aims to ban the use of trigger leads, impacting credit reporting agencies that profit from selling leads after credit pulls.
SF real estate
East Bay real estate
fromKqed
6 months ago

Paying Rent in California? It Could Now Help Your Credit Score | KQED

California's AB 2747 requires landlords to allow tenants to share on-time rent payments with credit bureaus, potentially improving tenants' credit scores.
fromwww.housingwire.com
7 months ago

MBA leads coalition of support for trigger leads legislation

The letter stresses that the burden is on the consumer to opt out of trigger leads, allowing CRAs to sell individual information without consumer approval.
SF real estate
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