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Lenders Look to Remove Friction from Online Fraud Fight

Lenders Look to Remove Friction from Online Fraud Fight

by Diane McLaughlin | Nov 2, 2020 | Banking & Lending

With many branch lobbies closed during the early months of the pandemic, banks and credit unions leaned on existing online banking tools, while also accelerating plans to adopt new technology, including platforms for opening accounts online.   But this digital...

New Financial Tools Offer a Boost to Credit Ratings

by Kenneth Harney | Apr 15, 2019 | Banking & Lending, Residential Real Estate

Here’s some good news for anyone whose credit scores aren’t quite as high as they’d like them to be: Three new financial tools have come to market – or soon will be available – that could give your scores a shot of adrenaline when you need it most.   These...

Americans’ Credit Scores Hit Record High

by Kenneth Harney | Sep 30, 2018 | Industry News, Residential Real Estate

Millions of Americans have a new record high average FICO score, and that’s positive news for homebuyers, sellers, lenders and the economy overall.  What that score of 704 signifies, according to Ethan Dornhelm, FICO’s vice president of scores and analytics, is that...

Relaxed FHA Requirements Provide Path for Would-Be Buyers

by Kenneth Harney | Sep 2, 2018 | Industry News, Residential Real Estate

Is it easier today for homebuyers with a high debt ratio and sub-par credit scores to qualify for a mortgage than it’s been in years? And if so, what might that mean for first-time and repeat buyers who are struggling with credit and debt issues but still hope to buy...

‘Score Planner’ Tool Offers Customized Path to Better Credit

by Kenneth Harney | Aug 12, 2018 | Industry News, Residential Real Estate

If you’re seriously thinking about buying a home in the months ahead, you almost certainly know how important your FICO credit score will be in getting a mortgage.  And you probably know the score range you’ll need for the type of loan you want – somewhere in the...
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