Credit Score | December 17, 2010 at 3:35 pm | 13 commentsAfter nearly ten years of working in the mortgage industry as a loan officer and the Marketing Director for a national mortgage company that competed heavily online, I have gained a great deal of insight on how lenders and brokers compete and consumers shop for mortgages over the internet. Today, I run a marketing company which works on several mortgage rate shopping web sites and...
Credit News | August 13, 2010 at 5:41 pm | 58 commentsMortgage brokers, and those hoping to buy homes, are disgusted by the preeminence of the credit score in “scoring” a home loan today. According to an article, in Friday’s New York Times, this overemphasis on credit scoring in the home mortgage market is not helping the economic recovery either, because people just cannot qualify for a home. Some people’s scores have decreased...
