Current Events & News For Referral Partners

Via National Mortgage Professional:

CFPB Research Finds Cash Flow Should Be Used With Credit Reports

Summary:

Consumer agency researchers say combination creates a more accurate reflection of ability to pay.

Read Article: https://nationalmortgageprofessional.com/news/cfpb-research-finds-cash-flow-should-be-used-credit-reports

Via National Mortgage News:

FHFA should add VantageScore first, Community Home Lenders argue

Summary:

The pending addition of updated credit scores at Fannie Mae and Freddie Mac could be more manageable if done one at a time, according to the Community Home Lenders of America.

Read Article: https://www.nationalmortgagenews.com/news/fhfa-should-add-vantagescore-first-community-home-lenders-argue