Tag: credit reports

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Tag: credit reports

Credit Proofreading: A New Referral Strategy

by William DiPaolo

This article describes how mortgage originators can use credit proofreading technology to legitimately raise credit scores – while significantly boosting referrals at the same time.

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The Recovery Strategy: A Business Method for Mortgage Brokers

by William DiPaolo

In November of 2007 new software – which costs nothing – was introduced to mortgage originators nationwide. I’m referring to the latest version of our Funding Suite credit management platform. While I try to avoid mentioning our products specifically, I’m forced to in this case because without Funding Suite – and its advanced credit proofreading […]

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The Ticking Time Bomb in Mortgage Portfolios

by William DiPaolo

While it’s newsworthy to note that mortgage foreclosures are hitting all time record numbers – the fact itself is nothing new. What is new is that additional foreclosures, above and beyond what banks are predicting, will likely exasperate the situation. The reason is that every mortgage loan portfolio contains an as yet undetected ticking time […]

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Another Mortgage Broker Gets It

by William DiPaolo

In occasional fits of literal despondency, I question whether the world really needs another blog – especially one as banal as this one. Yet, in the course of a typical business day I’m reminded how little mortgage professionals truly understand about credit and credit scoring. And naturally, if those in the business lack understanding, how […]

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Single Credit Data Error Affects a Million People

by William DiPaolo

I’m a bit late sharing this story – but if you haven’t seen it yet its worth the read. Here’s the article It’s a good example of how credit data errors (though no fault of our own) can seriously damage our credit health. Unfortunately, the scale of this data error affected as many as one […]

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