Dec 17, 2015
In the mortgage industry we are required to use FICO®5 and that is dictated by Fannie and Freddie. The version that we use to underwrite a mortgage in 2015 is FICO®5 with that version of the FICO® score if a borrower pays a collection...
Dec 9, 2015
http://thecreditguy.tv/holiday-credit-card-offers-their-effect-on-your-fico/
Warning the 10 % off may be on more than the merchandise. Big
box stores credit card offers can hit your credit score in a big
way make sure the discount is worth it. how many points will you
lose? watch now and find out.
Dec 1, 2015
I was a guest on one of my friends first video blogs, Kelly Ross!!! She did great!!!
My friends at Ross Mortgage recently invited me to guest blog on their At Any Rate blog to talk about the dos and don'ts of using credit cards during the holiday season. It was Kelley's first time doing a video blog, and she did great!...
Nov 12, 2015
Credit Scores Explained, Credit Explained, Scores Explained
This time I want to explain what a credit score is and what it’s really indicating. There are many different versions of credit scores available and there are many different companies that provide credit scores. FICO® for example has 49 different...
Nov 5, 2015
Fannie Mae made an announcement last week regarding their desktop underwriting system. In 2016 they are going to start using trended credit data. You may not have heard this term before but trended credit data is really looking at your utilization ratio and they’re looking further back in...