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News
Washington's Fingerprints Are Now All Over Your Credit Score
2+ hour, 40+ min ago (569+ words) The South Shore Press Washington's Fingerprints Are Now All Over Your Credit Score A federal housing regulator's tweets are doing more to reshape mortgage underwriting than years of industry lobbying There's a strange thing happening in the plumbing of the…...
Housing market faces headwinds as mortgage rates move above 7%
15+ hour, 23+ min ago (761+ words) Mortgage rates ended the week at 7.12%, a level that historically coincides with softer housing demand. Holiday effects lowered weekly inventory and listings, but pending sales and purchase apps are entering a period of tougher year-over-year comparisons with last year’s falling-rate…...
FHFA Studies Credit-Report Changes To Cut Mortgage Costs
2+ day, 22+ hour ago (1261+ words) Editor’s note: This story has been updated to clarify that FHFA Director Bill Pulte did not specify whether “a single credit report” referred to one bureau report or a portable report that could be shared among lenders. The Federal Housing…...
New CUSO Targets Credit Union F&I Refund Compliance
3+ day, 19+ hour ago (182+ words) SOUTHLAKE, Texas — Lender Compliance Technologies (LCT) today announced the launch of a new credit union service organization (CUSO) – LCT CUSO – dedicated to making advanced automated-compliance solutions seamless and accessible to credit unions across the U.S. LCT CUSO is a…...
Cooper Standard Amends ABL to $200 Million, Extends Maturity to 2031 With Bank of America
3+ day, 5+ hour ago (116+ words) TradingView Cooper Standard Amends ABL to $200 Million, Extends Maturity to 2031 With Bank of America Cooper Standard entered into Amendment No. 6 to its asset-based revolving credit facility to enhance liquidity and extend maturities. The amendment increases total commitments by $20 million to…...
US regulator says credit scoring firm FICO increasing prices for borrowers
3+ day, 19+ hour ago (258+ words) WASHINGTON, Sept 9 (Reuters) – U.S. federal housing regulator Bill Pulte said on Wednesday credit scoring company FICO was unduly keeping consumer costs high, adding that his agency was studying changes to the use of credit reports to reduce the cost of…...
Bad loans up amid continuing consumer strain
3+ day, 21+ hour ago (393+ words) MANILA, Philippines — The share of bad loans on Philippine banks’ lending books rose in July, as more borrowers fell behind on credit card and motor vehicle payments amid persistently high inflation. Latest data from the Bangko Sentral ng Pilipinas (BSP)…...
Americans Add $18 Billion in Credit as Borrowing Accelerates
3+ day, 23+ hour ago (540+ words) Consumer credit grew at a 4.2% annual rate in July, accelerating from a revised 3.4% in June. Nonrevolving credit grew 4.8%, while revolving credit increased 2.5% and outstanding revolving balances reached $1.357 trillion. PYMNTS Intelligence data showed consumers aren’t using credit uniformly, as cards remain…...
Limbach Holdings Secures $300 Million Credit Facility with PNC Bank
4+ day, 2+ hour ago (126+ words) Wendy’s (NASDAQ:WEN): Is the Turnaround Finally Taking Shape? Carter's (NYSE:CRI): Is This Valuation Too Cheap? McKesson (NYSE:MCK): Is the Cyber Risk Overpriced? Centrus Energy (NYSE:LEU): Is HALEU Growth Priced In? On September 9, 2026, Limbach Holdings, Inc. announced…...
Chase return protection success
4+ day, 5+ hour ago (549+ words) 1) 90 days for New York residents In my case, I used the Chase Ritz-Carlton Visa Infinite to make a purchase that I ultimately decided to return. While that card is no longer available for new applicants, it is still potentially available…...