'Should I pay down a collection?' How to answer clients
Consumers who've had a collection hit their credit report might be wondering if they should pay it off or hold off. Micah Curtis shares the right move to make — and the answer is not what you might think
by Rick Guerrero May 13
Why are credit score apps different from a lender's pull?
It's not unusual for consumers to be baffled by the fact that credit scores from consumer finance websites like Credit Karma are different from what their lender pulls. Micah Curtis explains why that happens
by Rick Guerrero Mar 29
10 credit mistakes that could cost buyers their dream home
Here's how you can help keep your clients on track to prevent them from blowing up their chances of owning a home
by Carl Medford Mar 8
The top 10 most and least popular metros for millennial homebuyers
Those born between 1981 and 1996 made up the majority of potential buyers in 43 out of the 50 largest markets
55% of those who bought homes during the pandemic now regret it
A new survey commissioned by LendEDU found that low rates lured in new buyers, but now many are struggling to pay their mortgage
Why I recommend Credit Karma to my clients
Opinion
By understanding what Credit Karma does and how it works, you'll put yourself in a better position as an agent to help potential buyers improve their credit score
by Bill Gassett May 29
JPMorgan Chase tightens mortgage lending standards amid uncertainty
The lender will require a 700 credit score and 20% down for mortgages
by Patrick Kearns Apr 13
7 facts about FHA loans you should know
Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece that is solving the homeownership puzzle.
by Steve Cook Feb 16
FICO boasts new credit scoring model will reduce mortgage defaults
The new model will have greater predictive powers while reducing risk for lenders
by Patrick Kearns Jan 24
Slowing down pace of foreclosure can be counterproductive: Study
New paper has surprising insights into the impact that foreclosure policies have on the broader housing market
by Lew Sichelman Oct 22
Average FICO scores hit all-time high
The credit reporting firm said this week that the average score has now hit 706, marking a dramatic turnaround from a decade ago when average scores bottomed out
by Jim Dalrymple II Sep 11
Realtor.com launches 3 new affordability tools for buyers
The tools, available on iOS, Android and desktop, provide buyers with a detailed estimate of what it will financially take to own a home
by Marian McPherson Aug 20
Credit score firm Equifax launches lead generation product
Lead Accelerator will use Equifax's proprietary data to help agents prioritize the leads most likely to result in sales
by Jim Dalrymple II Jul 18
Helping buyers find a home for the fam? Share these 7 tips
Add value by helping your clients figure out their budget, where they’d like to realistically live and what to expect along the way
by Roger Odoardi Jun 4
5 tips that'll put your first-time buyers at ease (and get you stellar reviews)
Reel in first-time buyers by educating them on the process and giving them financial health tips
by Romana King May 6