Tag:

lending

Business Finance

Are lenders determining credit-worthiness based on your smartphone habits? Maybe.

Shopping for a small-business loan? Lenders are now using social media and smartphone habits (including who you are texting, GPS locations and check-ins) to determine your worthiness.
Business Finance

Able: World’s first collaborative lender knocks our socks off

Small business lending is often stacked in favor of the lender, but Able appears hellbent on changing the model and flipping it upside down.
Housing News

HUD charges lender for denying disabled couple’s loan

HUD has filed charges against an Ohio-based lender and mortgage broker for denying a loan after a couple with disabilities refused to submit "unnecessary" medical documents.
Mortgage

How credit scores have an impact on a mortgage

Helping explain concepts to clients One core value of practicing real estate is knowing as much about the home buying and selling process as possible...
Housing News

How is the government’s loan modification program going?

For the last year, we have been covering the government loan modification program called Home Affordable Modification Program (HAMP) and long ago labeled it...
Business Marketing

Lenders, Liars and Losers – Observations of a Humorist

I don’t know about you, but I am on the verge of a breakdown. Why? Because I am so frustrated with the lending institutions...
Economic News

Move, Inc. launches consumer lending site, Mortgage Match

Today, Move, Inc. announces their newest acquisition, MortgageMatch.com. Retail mortgage banking company, Cornerstone Mortgage in Houston, TX (founded in 1988) is now doing business...
Economic News

HUD guidelines are creating misinformation and scare tactics

This evening I received this forwarded email (below). It was from a local lender who sent it out, then it was forwarded to me. The...