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.

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