credit: Refinance boom predicted for the fortunate few - 01/17/08 08:42 PM
Originally posted on Home Financing News.
Home refinance applications are up sharply according to the latest numbers from the Mortgage Bankers Association. And some industry watchers think they mark the beginning of a new refinance boom in the months to come.
But applications aren't the same as completed mortgages. And sadly … (1 comments)

credit: Consumers confused by credit scores - 08/07/07 12:36 PM
Originally posted on Home Financing News.
A new survey relating to credit scores has been released, and the results have worried some in the financing sector. The survey, commissioned by the Consumer Federation of America and Washington Mutual, focused on just over 1,000 adults in America, and determined that the public's … (0 comments)

credit: Credit score changes set to create mortgage turmoil - 06/25/07 02:08 PM
Originally posted on HomeFinancingNews.com In September, Fair Isaac Corporation will make noticeable revisions to their FICO credit scoring model. Currently they divide consumers up into ten groups, based on credit history. But come the fall two more ‘poor credit’ groups will be added, and the existing groups rebalanced.
The changes are … (4 comments)

credit: Trigger leads under the microscope - 06/04/07 05:01 PM
originally posted on HomeFinancingNews.com The days of unregulated mortgage trigger leads look numbered, according to several sources which include the Times Argus Online. The slowdown in home refinances has made such leads more popular with lenders. That in turn has led to more being sold, and has earned the practice greater … (1 comments)

 
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