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.
Read more.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 […]
Read more.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 […]
Read more.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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