Skip to main content

New Vista Asset Management launches minority homeownership initiative

National Mortgage Professional
May 11, 2007

MGIC to accept alternative credit reportsMortgagePress.comAlternative credit reporting Pay Rent Build Credit (PRBC) Reports, which are available through Credit Plus Inc., will now be accepted by Mortgage Guaranty Insurance Corporation, to automate approval and pricing decisions. "We're excited to be partnered with PRBC, to provide mortgage professionals with alternative credit reports and applaud PRBC's efforts in obtaining acceptance from major industry players," said Allen Johnson, vice president of sales and marketing at Credit Plus. "With the current state of today's industry, it's more important than ever to ensure that borrowers properly qualify for a mortgage with an interest rate they deserve. PRBC Reports are designed to help individuals who pay their bills, but have too few or no traditional lines of credit to meet the requirements for a loan." Milwaukee-based Mortgage Guaranty Insurance Corporation is a private mortgage insurance provider. For more information, call (800) 424-6442 or visit Salisbury, Md.-based Credit Plus Inc. is a provider of mortgage information solutions. For more information, call (800) 258-3488 or visit
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
Mortgage Lenders Expect Profit Margins To Shrink

69% of lenders believe profit margins will decrease in the months ahead, while 19% believe profits will remain the same, and 11% believe profits will increase.

Industry News
Jun 14, 2021
Real Estate Industry Calls To End Eviction Moratorium On June 30, 2021

Expanding the moratorium will only increase levels of debt on renter households and impede the recovery of the housing sector.

Industry News
Jun 14, 2021
Fifth Third Bank Expands Down Payment Assistance Program

The program will provide up to $3,600 towards a down payment for families with low to moderate income.

Industry News
Jun 09, 2021
Filo Mortgage Launches Low-Rate Guarantee

National mortgage lender Filo Mortgage is offering to beat competitors' pricing by $1,000 with its Low-Rate Guarantee.

Industry News
Jun 08, 2021
FAU Index Shows Where Consumers Should Buy Or Rent

Consumers are better off renting in cities like Dallas, Texas

Industry News
Jun 07, 2021