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
Posts published in “credit scores”
While questions remain about the new policy, FHFA Director Bill Pulte says lenders must still use “tri-merge” process to obtain scores from all three major…
Plan to require lenders working with Fannie and Freddie to use FICO Score 10 T and VantageScore 4.0 models by Q4 2025 has been dropped,…
Lenders won’t be required to use the more inclusive FICO Score 10T and VantageScore 4.0 scoring models before next year, but several are already using…
Regulators order mortgage giants to eliminate upfront fees on many purchase loans in order to help first-time homebuyers of limited means, the Federal Housing Finance…
The Seattle-based listing giant announced the three top innovations that emerged from its annual competition for students of historically Black colleges and universities. Source: Inman…
The homebuyers with “fair” credit scores can pay up to $288 more per month than those with “excellent” scores, according to a new study by…
A “coding issue” reportedly affected about 12 percent of credit scores calculated from March 16 to April 6, 2022. Source: Inman News