DOJ opens antitrust probe into credit score giant Fair Isaac

The Justice Department has opened an antitrust investigation into Fair Isaac Corp., the financial company whose credit scores underlie nearly all U.S. consumer credit decisions, according to information obtained by POLITICO.

Read more... https://www.politico.com/news/2020/03/13/justice-fair-isaac-antitrust-129204

Credit Karma vs. Credit Sesame: Is One Better Than the Other?

Credit monitoring services like Credit Sesame and Credit Karma enjoy widespread popularity these days in the wake of numerous data breaches, but which one is better?

Read more... https://clark.com/credit/credit-karma-vs-credit-sesame/

Scottsdale's Taylor Morrison to be 5th biggest U.S. builder; shareholders approve $2.4B deal

Scottsdale-based Taylor Morrison is about to become the fifth biggest homebuilder in the U.S.

Read more... https://www.azcentral.com/story/money/real-estate/catherine-reagor/2020/01/31/scottsdale-taylor-morrison-5th-biggest-u-s-builder-after-2-4-billion-merger/4618976002/

Squeezed Out: Arizona needs at least 100,000 more affordable homes now

Arizona needs at least 100,000 apartments or houses that people living and working in the state can afford.

Read more... https://www.azcentral.com/story/money/real-estate/catherine-reagor/2020/02/09/arizona-needs-100-000-more-affordable-homes-tackle-housing-crunch/4679532002/

Mortgage rates fall to lowest level since 2016 — this could be the ‘last affordable’ spring home-buying season for a while, Realtor group warns

Mortgage rates have dropped to the lowest levels since before the 2016 presidential election.

Read more... https://www.marketwatch.com/story/mortgage-rates-fall-to-the-lowest-level-since-2016-could-this-be-the-last-affordable-spring-home-buying-season-2020-02-06

How Understanding Long-Term Care Can Expand Reverse Mortgage Business

Encouraging financial preparedness in later life is a core discussion point for people who work in the reverse mortgage profession, and industry literature is rife with examples concerning ways in which the wealth and savings of older Americans can often be unprepared to withstand and extend through a senior's retirement. One of the realities that older people often must contend with, regardless of the status of their retirements, is long-term care (LTC).

Read more... https://reversemortgagedaily.com/2020/01/05/how-understanding-long-term-care-can-expand-reverse-mortgage-business/

All Five Federal Mortgage Programs Should Treat Student Loan Debt the Same Way

Many of the 44.7 million Americans with student loan debt are also in their prime homebuying years. And more than 8 million of them use income-driven repayment (IDR) plans for their student loans, which require special calculations for determining mortgage lending.

Read more... https://www.urban.org/urban-wire/all-five-federal-mortgage-programs-should-treat-student-loan-debt-same-way