News

Federal Judge Eliminates CFPB Rule That Removed Medical Debt From Credit Reports
The rule would have removed more than $49 billion in medical bills from the credit reports of about 15 million Americans, the ...
This is not a good time to have a bad credit score
Treating your credit score with consistency is preferable to employing ‘tricks.’ It encourages fiscal responsibility.
Fannie and Freddie may use new credit scores. Will it help you get a mortgage?
The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
Texas Judge Blocks Biden-Era Rule Meant To Erase $49 Billion In Medical Debt From Credit Reports
A judge blocked a Biden-era rule that would have removed medical debt from credit reports, siding with industry arguments ...
Opinion
High school students discover the big secret about consumer financial protection
The personal impact of the 2008 housing crisis on a student's family reveals why the Consumer Financial Protection Bureau matters as Trump administration cuts enforcement ...
American Banker3d
Texas judges repeals CFPB's medical debt rule
A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from ...
Paying Rent on Time Could Now Help You Get a Mortgage After Key Change at Fannie and Freddie
Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...
The company behind your credit score is plunging on the stock market after a White House announcement
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...
Fannie and Freddie no longer require FICO. Will it help you get a mortgage?
The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for ...
Judge scraps Biden-era Medical debt credit reporting rule
A federal judge in Texas reversed a Biden-era rule on Friday that permitted medical debt to be wiped from credit reports, according to court documents. U.S. District Judge Sean Jordan, a 2019 ...
Consumer agency sidelines top fair lending official, sources say
The top official overseeing fair lending at the U.S. Consumer Financial Protection Bureau was placed on administrative leave, according to two people familiar with the matter, sidelining another ...
I'm the breadwinner but was recently laid off. The mortgage is now 2 months behind — how do I save the house?
Being laid off for months can be really scary, especially if you're the sole earner in your family. It's an even more frightening situation if you are at risk of losing the house you've worked so hard ...