VantageScore has introduced a mortgage credit-score simulation API designed to show lenders how particular changes to a borrower’s credit file might affect a VantageScore 4.0 result. The October 16 launch adds another tool to an increasingly competitive mortgage...
Pennymac has completed deployment of VantageScore 4.0 across its consumer direct, broker direct and correspondent mortgage businesses, putting another major mortgage platform into production with the newer credit-scoring model. PennyMac Financial Services announced...
For years, the mortgage industry has complained about the rising cost of pulling credit. Those complaints weren’t imaginary. The Mortgage Bankers Association told Congress earlier this year that its members had experienced four consecutive years of significant...
California Home Sales Fall 6.5% as Median Price Holds Near $900,000
