Mortgage Application

Changes are coming but what does it m...

Recent changes to credit reporting have been announced and they will start taking place this July. The Change- TransUnion, Experian and Equifax will no longer include information about tax liens and civil judgments on a consumer’s credit report if the data doesn’t include the person’s name, address, Social Security number and date of birth.  The …Keep reading

Big changes are coming…or are they?

Last week FICO announced some big changes that have been making headlines; I have included parts of the press release below so you can read about those changes.   August 7, 2014—FICO (NYSE:FICO), “a leading predictive analytics and decision management software company, announced today that the new FICO® Score 9 introduces a more nuanced way …Keep reading

Short Sale Changes

Recently I read an article about not only changes being made in the mortgage industry, but also how those potential changes might affect credit scores. Since the article lists some credit “facts”, I feel obligated to address it further. The article is short so I have listed it here and will follow up with a …Keep reading