Consumers who’ve had a collection hit their credit report might be wondering if they should pay it off or hold off. Micah Curtis shares the right move to make — and the answer is not what you might think. Continue reading
It’s not unusual for consumers to be baffled by the fact that credit scores from consumer finance websites like Credit Karma are different from what their lender pulls. Micah Curtis explains why that happens. Continue reading
Buyers have been known to let the excitement of buying a home cloud their judgment. Here are 10 ways you can help keep your clients on track to prevent them from blowing up their chances of owning a home. Continue reading
Credit scores fall into a murky territory of financial detail that is often poorly understood. Most people don’t have an idea about credit scores until it is time to use a credit product – but it may well turn out that they don’t qual… Continue reading
The lender will require a 700 credit score and 20 percent down for mortgages. Continue reading
If you have clients who are struggling to get their finances in line while preparing to buy a home, here is some advice you can give them to help get their credit scores in good shape and keep them healthy moving forward. Continue reading
Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece th… Continue reading
Fair Isaac, the giant credit score company, recently announced the biggest change since 2014 in how it determines its FICO credit scores. This new FICO 10 system — expected to go into effect by year’s end — could affect your retirement in big ways, pos… Continue reading
The company boasts that the new model will have greater predictive powers while reducing risk for lenders. Continue reading
A study by Boston University’s Assistant Professor of Economics Adam Guren and Timothy McQuade, an assistant professor of finance at the Stanford Graduate School of Business, found that “policies that tend to slow down the pace of foreclosure can be co… Continue reading