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Credit Score Drop: One Missed Payment Can Cost 80 Points

One missed payment can trigger a major credit score drop, according to a report from LendingTree, an online financial services company. The report found that...

FHFA Approves VantageScore for Mortgage Loan Use

The Federal Housing Finance Agency (FHFA) will now allow lenders, including Fannie Mae and Freddie Mac, to use VantageScore in addition to the long-standing...

Auto Loan Approval Rates Drop Despite Good Credit as Lenders Tighten Rules

Auto loan approval rates are declining across the board—even for borrowers with strong credit—due to tighter lending standards, rising delinquency rates, and growing economic...

Korean Americans Who Lost Homes Rarely Buy Again

Even as the real estate market is expecting a return of “boomerang homebuyers,” who buy homes after once losing it to foreclosure, the rate...

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