Federal prohibition complicates getting a loan, qualifying for a mortgage, processing a payment or depositing a check.

Once a powerful guardian against wrongdoing by banks and financial services companies, the Consumer Financial Protection ...

Fannie Mae, Freddie Mac adding a dose of competition to FICO credit scoring Adding this competitor created by the big three credit bureaus likely means credit score prices will go up, not down.

Fannie Mae and Freddie Mac are adding another credit score option for mortgage applicants in a space long held by FICO. Adding competition that uses a different scoring system could help boost ...

The 15-year fixed rate averaged 5.92%, 6 basis points higher than last week. The Mortgage Bankers Association reported a 10% mortgage application decrease compared with one week ago.

The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out ...

Mortgage applications fell 10% last week from a week earlier as higher rates and economic uncertainty dampened demand, according to the Mortgage Bankers Association.