5+ hour ago   (127+ words) What the decisions do not address is the technical plumbing — no maximum reporting latency, no required format or validation rules, no clarity on how outages or failed transmissions will be handled, and still no specification for how an approved-but-undrawn facility…...

3+ day, 17+ hour ago   (473+ words) Chart: Score Difference (High – Low Credit Bureau) Distribution by Decisioning Credit Score Bucket Our analysis finds that the three individual bureau scores perform broadly similarly in predicting mortgage outcomes. The traditional tri-merge performs somewhat better on some measures, but the…...

3+ day, 17+ hour ago   (107+ words) Breaking news and analysis on politics, business, world, national news, entertainment and more. In-depth DC, Virginia, Maryland news coverage including traffic, weather, crime, education, restaurant reviews and more. Here’s how to find ghost charges on your credit card and bank…...

4+ day, 15+ hour ago   (78+ words) ‘The president hasn’t fully understood’ the debt problem, economist says cnn.com ‘The president hasn’t fully understood’ the debt problem, economist says Bianna Golodryga speaks to economist Betsey Stevenson, Professor of Public Policy, University of Michigan, about surging Treasury yields,…...

4+ day, 21+ hour ago   (703+ words) America had a headline-grabbing milestone this summer. Unfortunately, it wasn’t our America 250 celebration. Rather, it was passing the $40 trillion mark on our national debt. $40 trillion is a number that is very difficult to get your head wrapped around. It’s more…...

6+ day, 16+ hour ago   (255+ words) How big is our $40 trillion national debt? Consider your age, if you live a million seconds, a billion seconds, a trillion seconds. 1 million seconds is nearly 12 days. 1 billion seconds is 32 years. 1 trillion seconds is nearly 32,000 years. Multiply by 40 = 1,280,000 years. Printing…...

1+ week, 1+ hour ago   (570+ words) Josh is an award-nominated journalist with nearly a decade of experience, including writing for national newspapers. A data whizz, he specialises in covering personal finance and investing. TransUnion is shaking up how it calculates credit scores, expanding its range from…...

1+ week, 1+ day ago   (659+ words) Federal Housing Finance Agency (FHFA) Director Bill Pulte’s recent announcements on credit scoring changes reverberated through the mortgage industry Friday, with groups expressing support for a move away from traditional scoring models. After he announced Thursday evening on X that…...

1+ week, 3+ day ago   (495+ words) The U.S. national debt surpassed $40 trillion, and economist Michael A. Peterson warned that the growing debt burden is effectively "stealing from our next generation." Peterson said the federal government is effectively borrowing from the future by spending money now and passing the…...

1+ week, 3+ day ago   (440+ words) The U.S. national debt surpassed $40 trillion, and economist Michael A. Peterson warned that the growing debt burden is effectively "stealing from our next generation." Debt Burden Extends to Future Generations Peterson said the federal government is effectively borrowing from the future by…...