Are you a “transactor” or a “revolver” when it comes to your credit? Terms like these never have mattered much to homebuyers seeking a mortgage. You’ve probably never heard of them. Yet they are about ...

Big changes are coming to the U.S. mortgage market. On June 25, Fannie Mae will be introducing new underwriting policies that will impact how millions of Americans qualify for a mortgage. The most ...

The credit-card industry has traditionally coveted customers who are known as “transactors”--high-spending individuals who tend to pay off their balances every month. Lately, though, Discover ...