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Rental applications, child support payme

Rental applications, child support payments to be factored into new credit reports Inman News, Monday, October 10, 2011.
Mortgage lenders will soon have access to new details about a prospective borrower’s past — such as past rental applications, inquiries to pay-day lenders, and missed child support payments — that will be factored in to a new credit score.Real estate and mortgage data aggregator CoreLogic says it’s signed an agreement to work with Fair Isaac Corp., the owner of the widely used FICO score, to develop new credit risk scores for the U.S. mortgage industry.

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October 13, 2011 - Posted by | Fredericksburg TX

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