A home loan refused by one bank might be approved by another The likelihood that a mortgage application will be approved varies widely by bank. Home-buyer rejection rates ranged from… Read more ⇢

With all the mortgage delinquencies, short sales and foreclosures in the past 3 years at an all time high, there has been a deterioration of average FICO scores across… Read more ⇢

As we said in our last post, credit ratings are taking serious declines due to mortgage failures that have occurred during the last… Read more ⇢

Some consumers with exceptional credit reports and high FICO scores are being denied mortgages by Fannie Mae’s automated underwriting system because there is a notation in the credit report… Read more ⇢