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Debt-to-income (DTI) ratio compares your recurring monthly debt payments against your monthly gross income, expressed as a percentage. Debt-to-income (DTI) ratio compares your recurring monthly ...
Before approving you for new credit, lenders will likely first look at your credit report, your credit score and something called your debt-to-income ratio — commonly referred to as DTI.
Debt-to-income ratio shows how your debt stacks up against your income. Lenders use DTI to assess your ability to repay a loan. Many, or all, of the products featured on this page are from our ...
The FHFA argues that the changes to the upfront fees on borrowers with a DTI at or above 40% would make the GSEs more “safe and sound” and help them continue to fulfill their mission to ...
The Federal Housing Finance Agency’s (FHFA’s) decision to delay implementing the controversial upfront fee on Fannie Mae and Freddie Mac borrowers with higher debt-to-income (DTI) ratios gave ...
The Federal Housing Finance Agency (FHFA) said Wednesday it has rescinded the upfront fees based on borrowers' debt-to-income (DTI) ratios for loans acquired by Fannie Mae and Freddie Mac. FHFA ...