From FICO to Facebook, some lending institutions are turning to social media to assess your credit score. If you have a tough time accessing credit or don’t have a credit score, you should take into account that a number of lending companies are using your online activity as an indicator of your creditworthiness. But the […]
Your Facebook Friends May Affect Your Credit Score
From FICO to Facebook, some lending institutions are turning to social media to assess your credit score. If you have a tough time accessing credit or don’t have a credit score, you should take into account that a number of lending companies are using your online activity as an indicator of your creditworthiness. But the […]
Your Facebook Friends May Affect Your Credit Score
From FICO to Facebook, some lending institutions are turning to social media to assess your credit score. If you have a tough time accessing credit or don’t have a credit score, you should take into account that a number of lending companies are using your online activity as an indicator of your creditworthiness. But the […]
Seventy-one Percent Still Say It’s a Good Time to Buy
Home prices are rising at double digit rates. Inventories are at historic lows. Two out of five applicants for a purchase mortgage are rejected. Yet nearly three quarters of Americans say it’s a good time to buy a home. While some would argue it’s always a good time to buy, conditions have turned to favor […]
Seventy-one Percent Still Say It’s a Good Time to Buy
Home prices are rising at double digit rates. Inventories are at historic lows. Two out of five applicants for a purchase mortgage are rejected. Yet nearly three quarters of Americans say it’s a good time to buy a home. While some would argue it’s always a good time to buy, conditions have turned to favor […]
Seventy-one Percent Still Say It’s a Good Time to Buy
Home prices are rising at double digit rates. Inventories are at historic lows. Two out of five applicants for a purchase mortgage are rejected. Yet nearly three quarters of Americans say it’s a good time to buy a home. While some would argue it’s always a good time to buy, conditions have turned to favor […]
Positive Equity Is Driving Down Defaults
Homeowners with positive equity in their homes have fewer problem loans and are outperforming the national average for defaults. Their default rates are close to pre-crisis norms. The latest data from Lender Processing Servicers shows that the overall equity trend has been a very positive one. “LPS’ latest data shows that the share of loans […]
Positive Equity Is Driving Down Defaults
Homeowners with positive equity in their homes have fewer problem loans and are outperforming the national average for defaults. Their default rates are close to pre-crisis norms. The latest data from Lender Processing Servicers shows that the overall equity trend has been a very positive one. “LPS’ latest data shows that the share of loans […]
Positive Equity Is Driving Down Defaults
Homeowners with positive equity in their homes have fewer problem loans and are outperforming the national average for defaults. Their default rates are close to pre-crisis norms. The latest data from Lender Processing Servicers shows that the overall equity trend has been a very positive one. “LPS’ latest data shows that the share of loans […]
Freddie Mac CreditSmart® Online Tutorial Helps Prepare Future Borrowers for Homeownership
Freddie Mac recently announced a free, online CreditSmart(R) tutorial to provide working families and new or inexperienced borrowers with basic sound information about building savings, personal credit, and making wise financial choices. CreditSmart is a comprehensive, multilingual financial education curriculum that has reached more than three million consumers in 44 states through lenders, churches, schools […]