"Last week's unveiling of the new FICOŽ Score 9 rating system is a 'game changer' in removing obstacles preventing potential homebuyers from obtaining the credit they need," Tene stated on the heels of the FICO announcement. "It's crucial that lenders and GSEs quickly revise their underwriting criteria accordingly to increase the flow of credit to borrowers to boost the current purchase cycle in residential real estate."
The announcement from FICO on
Recent data from the
As a leading authority in the real estate industry, The Peak Corporate Network entities provide a full array of comprehensive real estate services nationwide, including brokerage services, mortgage financing, loan servicing, commercial evaluations, escrow services, short sales, foreclosure processing, insurance services and 1031 exchange. For more information, visit http://www.peakcorp.com.
The Peak Corporate Network is a brand that represents a group of related separate legal entities, each providing its unique set of real estate services.
Read the full story at http://www.prweb.com/releases/2014/08/prweb12090352.htm
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
OCTOBER 31, 2014
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