Connecticut industry appointments update - 11/26/2007

National Mortgage Professional

Nov 25, 2007

Fair Isaac and PRBC enhance credit risk toolsMortgagePress.comCredit risk software Fair Isaac Corporation and Payment Reporting Builds Credit (PRBC) have teamed to deliver PRBC Credit Report with FICO Expansion Score, a comprehensive credit risk management tool that U.S. mortgage lenders can use, when assessing the risk of applicants who have little or no traditional credit history. Fair Isaac Corporation is a provider of consulting services and enterprise decision management systems based in Minneapolis. For more information, visit www.fairisaac.com. Annapolis, Md.-based PRBC is a credit information repository that collects, verifies and scores rental and bill payment data. For more information, call (877) 772-2123 or visit www.prbc.com.

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Nov 25, 2007

Analysis and Data

N.Y. Fed: Short-Term Home Price Expectations Drop Sharply

Average one-year-ahead home-price growth expectations fell to 2.6%, the lowest reading since the survey began in 2014.

U.S. households participating in the Federal Reserve Bank of New York’s annual housing survey said they expect home prices over the next 12 months to increase at the slowest pace since the survey began in 2014. In contrast, the federal bank said, home price expectations ov...

Courts

Brokers Seek To Use UWM, Ishbia Claims Against Them in Ultimatum Suit

Brokers in Florida antitrust lawsuit say UWM's latest market share claims, Ishbia comments prove their case.

United Wholesale Mortgage (UWM)) Chairman & CEO Mat Ishbia was delighted to announce earlier this month that his company had claimed more than half (54%) of the wholesale lending channel during the fourth quarter of last year. That revelation, however, is now the latest...