A 50-year mortgage is not a financial trap, broker Holly Brink writes. It’s a tool that’s designed to give homebuyers more ways to win in…
Posts published in “credit score”
FHFA Director Bill Pulte says his agency is currently reviewing a potential deal with Fair Isaac to allow lenders to use the more inclusive FICO…
Agents need to talk with buyer clients about credit and financing early in the process, Lindsey Harn writes, to avoid disappointment later. Source: Inman News
Release of historical credit scores on tens of millions of loans will help lenders prepare for transition to VantageScore 4.0 next year. Release of FICO…
Fannie and Freddie’s federal regulator wants lenders to synchronize adoption of bi-merge credit reporting with more inclusive FICO Score 10T and VantageScore 4.0 scoring models. …
Company puts heat on regulators to stick to 2025 timetable for requiring lenders to use VantageScore 4.0 to evaluate borrowers, saying delays could impact “creditworthy…
Integration with Freddie Mac’s HomeCoach tool lets housing counselors access automated underwriting tools used by mortgage lenders. Source: Inman News