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Featured News, Mortgage, US Real Estate

Fannie Mae to ease mortgage requirements from next month

By Mike Wheatley | June 8, 2017
Fannie Mae, the government sponsored financing organization, has said it plans to ease its credit requirements from next month.
Real Estate Technology, Rental Properties, US Real Estate

Cozy lets renters build good credit scores simply by paying the rent on time

By Mike Wheatley | June 6, 2017
Online property management platform Cozy has announced a collaboration with Experian to help renters build their credit histories by paying their rent.
Real Estate, US Real Estate

14% of big city renters can afford to buy, but choose not to do so

By Mike Wheatley | August 17, 2016
Across the country's largest rental markets, almost 14 percent of on-market renters have strong credit scores, relatively high incomes and could afford to buy the median home in their market.
Mortgage, Real Estate, US Real Estate

Lenders unlikely to budge on credit standards anytime soon

By Mike Wheatley | June 17, 2016
Anyone who was hoping that the banks might be about to ease their credit standards will have to wait a while longer.
Home Buying

Low Credit Scores May Dash Millennials’ Home-Buying Dreams

By Guest Author | April 24, 2016
Nearly a third of millennials (ages 18 to 34) hope to purchase a home within the next year, but more than 40 percent may not have the credit to do so(1), according to a new TransUnion (NYSE: TRU) survey released today.TransUnion’s survey of 1,843 consumers found that while 32 percent of millennials say they plan […]
Real Estate, Residential, US Real Estate

Foreclosures and FICO Scores Where Do You Stand

By Brian Kline | July 31, 2015
It's past the time that want-to-be home buyers understand the real relationship between a previous foreclosure and the current impact on credit scores. Much of the impact on today's credit score has little or nothing to do with a foreclosure happening three to six years ago. Known as boomerang buyers, according to the National Association […]
Mortgage, US Real Estate

Not Buying a Home with $200,000 in Student Loans

By Brian Kline | December 17, 2013
Shane McClelland is a 27 year old divorce attorney in Columbus, Ohio. He graduated from law school two years ago and set up his own law practice. He considers himself among the lucky Millennials because he can afford to rent an apartment instead of having to live with his parents well into his 20s as […]
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