Tag: credit scoring

 

Trended Credit Data set to impact those applying for a mortgage. But will it help or hurt consumers?

There is a profound change to credit reporting taking place, and it could effect how people qualify for a mortgage. Starting September 2016, Desktop Underwriter Version 10 (DU) will roll out, an automated underwriting system lenders will use to gauge the risk versus “lendability” of consumers applying for a mortgage. The big change with this […]