By Tom Showalter Lenders, squeezed between capped interest and fees and fervent GSE pursuit of put-backs, are struggling to find the right balance concerning risk and return. In our post-housing bubble environment, we’re seeing aggressive legislative enforcement, such as Dodd-Frank […]
What FICO’s New Credit Score Formulat Means for Home Buyers Fox Business September 10, 2014 Digital Risk’s Chief Analytics Officer Tom Showalter discusses the impact of the new FICO formula and it’s impact to homebuyers.
Your Credit Report: 6 Tips for Homebuyers Bankrate.com September 8, 2014 Managing Partner Jeff Taylor gives tips to homebuyers on how to prepare their credit report for a home purchase.
Chief Analytics Officer Tom Showalter chimes in on the decision of FICO to change how much weight is being put on medical related debt. How will these changes impact rules for getting a mortgage?
Authored by: Shawnda Merriman, SVP Component Servicing and Surveillance, Digital Risk The CFPB has altered the regulatory climate for banks, credit unions, and non-depository financial institutions alike. Few areas have felt pressure from this new-age agency more than mortgage servicing. […]
Learn how a decrease in the annual run rate of new jobs being created today are contributing to less expendable income for big ticket items and how this is impacting our industry. Also, earnings in the rental market are up over […]