UWM to Cover Upfront Costs of Credit Pulls for Broker Partners
UWM's move comes amid rising credit report charges, providing relief to LOs.
Tagged: Credit Reports
Proposed Bi-Merge Credit Reporting Could Harm Consumers, TransUnion Warns
Switching to two credit reports may sideline potential homeowners and result in higher costs.
TransUnion: Total Mortgage Balances Slip, Mortgage Originations Fall
Q2’s decline in total mortgage balances – the first since 2015 – shows spring homebuying season lenders were banking on barely materialized.
American Bankers Association Projects Weakening Credit Conditions
Lenders will be more cautious, ABA economists say in Q3 Credit Report.
UWM Enhances Its Safe Check Program
Program now allows LOs to run a single or tri-merge soft credit check to pre-qualify borrowers
Rocket Pro TPO Relieves Brokers Of Credit Fee Burden
Will provided free credit reports to brokers if they get their loan closed with the Detroit lender.
‘Massive’ Increase In Credit Report Cost Coming In 2023
NCRA says a 'vast majority' of mortgage lenders will incur price increases ranging from 10% to 400%.