Posted To: Pipeline Press
Seen recently: "The lottery gives you a one-in-two hundred million chance of not going in to work tomorrow. Alcohol gives you one-in-five." What are the odds that the person sitting next to you in the movies could benefit from refinancing, even after years of low rates and being bombarded with "lower your rate" flyers? According to Black Knight, still pretty good: there are millions of borrowers out there who could still benefit . Plenty of smart folks in our business think that the " credit box " has to expand. It is probably more like a "credit amoeba" but nonetheless let's take a look at credit score trends and lender's approaches to evaluating credit. Rep. Royce and Rep. Terri Sewell (D-AL), have introduced HR 4211 , the Credit Score Competition Act of 2015, which will allow Freddie &...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/1OfZwhX
No comments:
Post a Comment