Fico Credit Score News
- Housing: Big disconnect: Rates low, yet buyers decline Friday, July 23, 2010 @ 8:14PMWASHINGTON - Call it the great real estate disconnect of 2010:Mortgage rates have been at half-century lows and home prices havestabilized, but applications for mortgages to buy houses havedeclined most weeks during the past three months, as measured bythe Mortgage Bankers Association .
- Borrowers Suffer From the Tyranny of the Credit Score Friday, July 23, 2010 @ 7:36PMSince the financial crisis, a borrower’s FICO score has become the only thing that matters to mortgage underwriters.
- Trycera Financial Receives Approval From myFICO to Become an Affiliate Marketer Wednesday, July 21, 2010 @ 9:38AMANAHEIM, CA--(Marketwire - July 21, 2010) - Trycera Financial, Inc. ( OTCBB : TRYF ), a diversified financial services company, today announced it has received approval from myFICO to become an affiliate product marketer with the ability to generate revenue by referring clients to myFICO web-based services. Trycera will now begin the process of implementing a marketing campaign that facilitates ...
- Average FICO scores dropping: One in four Americans below 600 Wednesday, July 21, 2010 @ 8:19AMMore than one in four Americans now has a FICO credit score below 600, which is considered low, and could have difficulty getting credit cards, car loans and mortgages. Statistics released from FICO Inc. show that 25.
- HUD announcement: FHA Seller concession to be cut in half Thursday, July 15, 2010 @ 7:02PM1. Update the combination of credit and down payment requirements for new borrowers. New borrowers seeking FHA-insured financing will be required to have a minimum FICO score of 580 to qualify for FHA’s flagship 3.5 percent down payment program.
- Raise your credit score Tuesday, July 13, 2010 @ 11:01AMThe credit scores of millions more Americans are sinking to new lows.
- How Does Your Credit Score Stack Up? Tuesday, July 13, 2010 @ 8:36AMA new report shows more people are falling into the danger zone that marks them as risks for lenders. Find out what you can do to avoid this.
- Blog: 25.5% of American consumers have credit score below 600, making loans and credit cards unlikely Tuesday, July 13, 2010 @ 5:16AMFigures provided by FICO Inc. nearly 43.4 million people now have a credit score low enough to mark them as poor risks for lenders.
- Credit scores hit new lows Monday, July 12, 2010 @ 7:45AMNew figures show millions more Americans have credit scores that could prevent them from getting credit.
- Three Strikes May Mean Refinance is Out Monday, June 28, 2010 @ 7:35AMGetting a new home loan may be difficult for a homeowner facing a trio of roadblocks.
- 3 strikes may mean mortgage refinance is out Monday, June 28, 2010 @ 6:41AMDear Dr. Don, My husband and I have struggled for the past few years, but thankfully we have been paying off bills and raising our FICO scores . Unfortunately, we had refinanced with a subprime lender and now have nothing to show for it except a high mortgage rate (that was lowered to 8 percent) and a $438,000 mortgage.
- What financial reform means for you Friday, June 25, 2010 @ 5:24PMCash will be king again, but consumers will also find fewer perks, with rewards debit cards going the way of free checking.
- Debt adviser: Get credit reports to check debt history Saturday, June 19, 2010 @ 2:12AMDear Debt Adviser,
- Money Matters: Free credit scores Friday, June 18, 2010 @ 4:35AMThe financial reform bill passed by the U.S. Senate could give consumers free access to credit scores, on top of government-provided free access to annual credit reports. Shazia Khan filed the following report.
- AllRegs Academy Congratulates Certified FICO® Professionals Wednesday, June 9, 2010 @ 3:33PMEAGAN, Minn.----AllRegs, the leading publisher of guidelines for the mortgage industry, is proud to announce that 22 professionals have recently earned the Certified FICO® Professional certification.