Skip to main content

U.S. foreclosures fall in February

National Mortgage Professional
May 12, 2005

ARC gives credit scores a second chancemortgagepress.comcredit reporting, credit re-scoring, FICO Rapid Re-Score, American Reporting Company's (ARC) credit re-scoring service, has announced that the product's fee will be waived if it doesn't increase a home borrower's credit score. Since February, ARC has offered a guaranteed increased FICO re-score or it's free. ARC's Rapid Re-Score is designed and operated to streamline the process of getting the documentation from creditors to the credit bureaus, increasing credit scores more quickly. The average credit re-score increases by 30 points. Rapid Re-Score enables loan officers and mortgage professionals to help borrowers get better rates or even qualify for a mortgage that might not be possible otherwise. Based in Kirkland, Wash., American Reporting Company aids the mortgage industry in credit reporting. For more information, call (800) 992-1058 or visit www.arcreports.com.
Ocwen Financial To Acquire Reverse Mortgage Servicing Platform

Ocwen Financial Corporation's wholly-owned subsidiary, PHH Mortgage Corporation will acquire RMS' reverse mortgage servicing platform.

Industry News
Jun 18, 2021
UniteCT Emergency Rental Assistance Succeeds

Thanks to the successful launch of the UniteCT program, emergency rental assistance funds are helping Connecticut residents maintain housing.

Industry News
Jun 17, 2021
Angel Oak Mortgage Announces Initial Public Offering

Angel Oak Mortgage announced its initial public offering of 7,200,000 shares of its common stock at $19 per share.

Industry News
Jun 17, 2021
Mortgage Apps Rebound After Three Consecutive Weeks Of Declines

The Mortgage Bankers Association reported the first increase in mortgage applications after a three consecutive weeks on declines.

Industry News
Jun 17, 2021
CFPB New Rule Prevents Predatory Lending To Military Service Members

The CFPB stipulates its authority to examine supervised financial institutions for risk to active duty servicemembers and their dependents.

Industry News
Jun 16, 2021
Inventory Begins A Slow Recovery

Inventory grew 3.9% from April to May, according to Zillow's latest Market Report, after a year of steady decline.

Industry News
Jun 16, 2021