Massachusetts, Maine, and Illinois are expanding oversight of home equity financing
States are tightening their oversight of home equity financing arrangements that give investors a share of a property's future value, with Massachusetts becoming the latest to impose new requirements on certain shared-appreciation mortgages.A regulation that took effect Nov....
Informative Research reports active use of Classic FICO and VantageScore 4.0 as lenders expand scoring options
Mortgage lenders are beginning to put expanded credit score choice into practice, with credit reporting provider Informative Research reporting that its clients are actively using both Classic FICO and VantageScore 4.0 to evaluate mortgage applications.The Stewart-owned comp...
Enjoy access to a free NMLS renewal class when you attend an in-person event.
