Borrowers – evorazon

29th November 2021

Mine Data to Uncover Valuable Borrowers Shut Down by Credit Scores

[ad_1] The company is also a regulatory guinea pig: Upstart was the first business to receive a letter of inaction from the Consumer Financial Protection Bureau. The letter essentially said that the bureau has no plans to take any regulatory action against the company in return for detailed information about its loans and operations. While …

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11th September 2021

Fannie Mae to Examine Borrowers’ Rent Payment History

[ad_1] “While credit history is a key element in assessing a borrower’s ability to make a mortgage payment, establishing credit in the United States is not a fair endeavor,” said Hugh Frater, CEO of Fannie Mae. a blog post. So rent should count for one thing. But only 0.3 percent of the 80 million or …

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25th August 2021

Where Are the Borrowers? – New York Times

[ad_1] pandemic credit problem The job of a banker can be summed up as an old joke: 3-6-3 rule: Collect the deposit at 3 percent, lend at 6 percent, and be on the golf course at 3 p.m. They also offer loans at the lowest rates but have little demand from borrowers. What do they …

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