Credit Score Shake-Up Could Help Millions Buy a Home—but Lenders Say There’s a Hidden Risk

The Federal Housing Administration's push to modernize credit scores could change the system, but also brings new risk, analysts say. Financial firms studying the FHA's shift to encourage Fannie Mae and Freddie Mac to adopt VantageScore 4.0 expect consequences on the system. With VantageScore 4.0, a

Long Beach Homes Sustain Significant Damage Following Tropical Storm Rachel, and 8 Buildings Have Been Red-Tagged

California beachfront properties are on the verge of ruin after four days of destructive waves from Tropical Storm Rachel. Inspectors have red-tagged eight buildings on the Long Beach Peninsula so far, affecting 13 individual addresses, and one building has been yellow-tagged. The number of tagged b

Beach Boys Star Mike Love Goes to Extreme Lengths To Protect His $43 Million Lake Tahoe Home From Developers

Beach Boys star Mike Love has revealed the extraordinary lengths he went to preserve the natural beauty surrounding his sprawling $43 million Lake Tahoe estate, placing 6 acres of neighboring land under conservation protection to prevent future development. The 85-year-old musician, who put his long

Struggling Homeowners Feeling ‘House Poor’ Have More Breathing Room Than They Think

Homeownership has always come with costs beyond the mortgage payment, but for many Americans, those expenses are becoming harder and harder to manage. A recent LendingTree survey found that 59% of mortgage holders consider themselves “house poor" in the current economy. “Unfortunately, the costs don