Tag Archive for: credit reports

Credit Inquiries – Way Too Much Concern

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On Friday, I blogged about the difference between consumer credit scores and mortgage credit scores: Does Credit Karma Lie To You? In that blog I pointed out why we need […]Read More

Borrowers In Forbearance See Credit Whacked! Purchase Market Lives: Texas Re-opens

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FORBEARANCE IMPAIRS CREDIT – DESPITE “CARES ACT” On Saturday, David Stevens, former President of the Mortgage Bankers Association and the current CEO of Mountain Lake Consulting, posted a notice on […]Read More

Rapid Re-Scores Revisited

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We often do a “rapid re-score” to repair a borrower’s credit for a variety of reasons: (1) to raise a borrower’s score above a minimum requirement, such as 700 for […]Read More

Seller & Lender Credits; Can’t Exceed Closing Costs; Repairs; Rules

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We thought it was time to repeat a few basic, but very important, guidelines in regard to seller and lender credits. We’ve had numerous delays in recent weeks because of […]Read More