A new Zillow study of consumer credit shows that buyers with "Fair" credit could be paying nearly $300 more on their monthly mortgage payment than those with "Excellent" credit scores.
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Mortgage Balances Lead Increase in Household Debt
Household Debt, led by mortgage debt, increased substantially in 2017 as the economy continued to grow for the fifth consecutive year, according to the Quarterly Report on Household ...
Read More »Credit Report Integration Added to ReverseVision’s Mortgage RLOS Platform
ReverseVision, Inc., recently announced in a press release it has added credit reporting capabilities to RV Exchange (RVX), ReverseVision’s reverse loan origination system (RLOS) platform. With this new technology, reverse mortgage lenders can automatically import a borrower’s credit information directly into RVX’s Financial Assessment (FA) module.
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