A group of housing industry stakeholders recently participated in a symposium to discuss alternative credit scoring models for homebuyers. This could allow more Americans with thin credit files to qualify for mortgages. Ken Fears, Director of Housing Finance and Regional Economics at NAR, discusses some of the ideas that came out of the meeting, as well as a new credit scoring announcement from Equifax and FICO. Network With Us: • Subscribe to Whatever It Takes Network • Facebook – Whatever It Takes • Twitter – @Glink Listen To Us On Podcast: • iTunes • Stitcher
Alternative Credit Scoring Models Under Consideration
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