Wednesday, September 16, 2015

Trends in Credit Scores, Non-QM, And Subprime

Posted To: Pipeline Press

You can now review every federal agency ( even the CFPB ) on Yelp. There is an agreement in place that allows agencies to claim pages and respond to reviewers. Thanks to a new agreement between the federal government and, anyone can now rate and post a review of any federal agency on the consumer review-driven website and app, and maybe even get a response too. Every underwriter knows the 5 C's. Right? Or is it the 3 C's? Regardless, one of them, of course, is "credit." Let's see what is going on out there with regard to credit. Patrick Reemts, VP of Credit Risk Solutions at ID Analytics, wrote to me saying, "There is a misconception that millennials have poor credit or do not apply for credit. However, according to ID Analytics' study, Millennials: High Risk or Untapped Opportunity , millennials...(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/1NxisZO

No comments:

Post a Comment