6+ hour, 7+ min ago   (740+ words) Conventional giants are flooding the DSCR market with volume, and private lenders say experience is what the big lenders can't replicate The debt-service coverage ratio (DSCR) loan was once primarily handled by private and non-QM lenders, but Rocket, United Wholesale…...

1+ week, 2+ day ago   (342+ words) They paid the mortgage off and never left the house - their credit file said otherwise A New Jersey lawsuit says mortgage company Onity and credit bureau Equifax reported a fully paid mortgage as a derogatory Chapter 13 account. According to the…...

3+ week, 3+ day ago   (225+ words) Lender participation in Australia's credit reporting framework nearly triples in six years Australia's comprehensive credit reporting (CCR) framework has drawn strong backing from lenders ahead of a regulatory review, with new data showing the industry-led scheme has grown from 49 participating…...

4+ week, 2+ day ago   (245+ words) The Australian Retail Credit Association (Arca) has published new industry guidance to support consistent application of Australia's Privacy (Credit Reporting) Code 2025, with a focus on simplifying the corrections process for consumers disputing information on their credit reports. The guidance is…...

1+ mon, 1+ day ago   (433+ words) ACCC expands Australia's open banking regime as non-bank lenders begin sharing product data The Australian Competition and Consumer Commission (ACCC) has confirmed the commencement of new obligations requiring non-bank lenders to share product data — including interest rates, fees, charges and…...

1+ mon, 2+ week ago   (872+ words) Cookie-cutter lending no longer works – and banks must adapt accordingly, says head of third party lending Baber Zaka We all know that two borrowers rarely tell the same story. A nurse buying her first home with a 5% deposit has drastically…...

1+ mon, 1+ week ago   (222+ words) New research finds young people only engage with credit once declined, with brokers best placed to intervene sooner Nearly half (49%) of young adults in the UK worry their credit history will stop them renting or buying a home, according to…...

1+ mon, 1+ week ago   (13+ words) mpamag.com...

1+ mon, 1+ week ago   (289+ words) Consumer credit regulation moves from the Commerce Commission to the FMA, reshaping lender oversight Mortgage lenders and advisers face a sharper regulatory focus on fraud and commission conflicts, starting today. The Financial Markets Authority (FMA) has taken over oversight of…...

1+ mon, 2+ week ago   (313+ words) Statistics Canada's April 2026 data shows an opportunity and a caution at the same time If you're trying to figure out what's driving Canadian consumer debt in 2026, most of the usual suspects are pretty quiet. Credit cards: up 4.8% to $105 billion. Auto…...