How Rent Reporting Transforms Subprime Borrowers Into Prime Mortgage Candidates: A Loan Officer’s Success Story When mortgage loan officers encounter borrowers with limited or damaged credit histories, they face a frustrating challenge: qualified individuals who can afford monthly mortgage payments but don’t have the credit scores to prove it. For years, this gap has prevented...

5 Ways Rent Reporting Reduces Eviction Costs and Improves Cash Flow Every property manager knows the sinking feeling when an eviction becomes unavoidable. Beyond the obvious stress and legal complexity, evictions represent one of the most significant financial drains on rental property operations. According to TransUnion data, the average cost of an eviction exceeds $3,500;...

VantageScore 4.0 and the New Era of Rent Reporting: What Property Managers Need to Know. The mortgage lending landscape just experienced its most significant transformation in decades, and property managers are uniquely positioned to help their tenants capitalize on this historic change. On July 8, 2025, the Federal Housing Finance Agency (FHFA) made a groundbreaking...

Rising Late Rent Payments: How Credit Reporting Can Turn the Tide for Landlords and Renters in Denver Key Points Late rent payments are surging in Denver and across Colorado, reaching multi-year highs amid economic pressure and policy changes. The expiration of COVID-era rental assistance has exposed financially vulnerable households as inflation and debt continue to...

Giving Thanks for the Roof Overhead: How Turning Rent into Credit Is the Financial Gratitude We All Need This Thanksgiving Thanksgiving has always been my favorite holiday. No gifts, no pressure—just family, food, and a moment to pause and count our blessings. This year, as I prepare to carve the turkey and pass the mashed...

Navigating Missouri’s HB 938: A Comprehensive Guide to Rent Reporting and Its Impact on Your Rental Portfolio In today’s competitive rental market, staying ahead of regulatory changes isn’t just smart—it’s essential for protecting your bottom line and fostering stronger tenant relationships. If you’re a property owner or manager in Missouri, one bill in particular demands...

Making Rent Payments Matter: Discover how rent reporting with Credit Gnomes helps property managers boost cash flow, reduce delinquencies, and empower residents to build credit — all within FCRA compliance. Learn how to legally include rent reporting as part of a mandatory Resident Benefits Package. Leading this charge is Credit Gnomes, the trusted partner in...

“My Residents Aren’t Interested in Rent Reporting”? How FHFA’s Credit Evolution Transforms the Dialogue Rent Reporting: Now a Must-Have Tool for Property Managers and Owners Property managers and owners have long heard the same pushback when it comes to residents being interested in rent reporting: “Residents won’t enroll.” The thinking was that renters might not...

7 Ways Rent Reporting Benefits Property Managers and Tenants In today’s rental market, property managers face rising challenges—late payments, tenant turnover, and the constant search for ways to stand out from the competition. One strategy is emerging as a game-changer: rent reporting. Rent reporting, also called rental payment reporting, means sending tenants’ on-time rent payments to the...

The rental housing market is undergoing a transformation, driven by a growing demand for financial empowerment and stronger community ties. Both tenants and property managers are seeking innovative ways to make rent payments more than just a monthly obligation. One proven, research-backed strategy is on-time rent reporting to national credit bureaus; a practice that delivers...