Alternative Credit Scoring Models Under Consideration

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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 NetworkFacebook – Whatever It TakesTwitter – @Glink Listen To Us On Podcast: • iTunesStitcher
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CEO of Cardone Enterprises, Cardone Capital, international speaker, entrepreneur, and author of The 10X Rule & creator of 21 bestselling business programs, Grant Cardone owns & operates seven privately held companies and a $5.2 billion portfolio of multifamily properties. Named the #1 marketer by Forbes Magazine, Cardone is also the founder of The 10X Movement & The 10X Growth Conference, the world’s largest business & entrepreneur conference.

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