A $161.7 million subprime mortgage securitization has become the first of its kind to be agency rated since the financial meltdown
Nonprime loans came screeching to a near-halt following the financial meltdown. But now a new, safer nonprime loan is more popular than ever before
As most people in the mortgage lending industry well know, the Dodd-Frank and the Consumer Protection Act have made it even more difficult for consumers to obtain loans by trying to “protect” them.
Your present credit score rating is the result of every financial decision you have made in your life. Most of us had very little or no financial coaching at all, so we have basically been winging it as go went along. We might have made many of our decisions based on good intentions, only to watch them fall flat because we lacked certain knowledge or planned poorly. We all make mistakes, but identifying them and understanding where we went wrong will help us to avoid repeating them. Following are some of the most popular mistakes people make that could lead to a bad credit score rating.