Cecala: The borrowed funds markets has long been, and you will continues to be overly dependent on credit ratings
Discover somewhat of an ordinary vanilla extract, one-size-fits-all the mortgage underwriting practical, which is of low quality from the flexible fraction borrowers generally, otherwise individuals with any kind of a low-regular, non-generic credit character
Degree in the Wharton: How about connected with Fico scores into a more consistent basis in order to dictate which exactly certainly are the best qualifiers to possess home financing? (more…)