by Glen | Mar 14, 2022 | Atlanta Hard Money, credit scoring, Denver Hard Money, Private Lending, Real Estate economic trends, Real Estate Trends, Residential hard money, Small Balance Commercial Lending
Buy now pay later included on credit reports, impact on real estate financing Buy now Pay Later loans are a million-dollar industry and yet until now these loans were invisible to lenders. This is all changing as Equifax is now adding buy now pay later payments to...
by Glen | Oct 6, 2020 | credit scoring, General real estate financing information, Hard Money Lending, Housing Price Trends / Information, interest rates, Private Lending
The Urban Institute think tank says nearly two out of three loans made in 2019 would fail to meet at least one of the stricter standards lenders have imposed since March. Banks are tripping over themselves to be the first to hedge against future downside risks and...
by Glen | Apr 15, 2020 | credit scoring
We are still lending in cash! It is amazing that the federal reserve has flooded the markets with cash enabling banks to borrower at historic rates. Furthermore, banks are considerably healthier today than they were in 2008. Unfortunately, this is not translating to...
by Glen | Feb 5, 2020 | credit scoring, General real estate financing information
After years of increasing credit scores, FICO, the fico credit score used by the majority of lenders, has done an abrupt shift. FICO Score changes in how the most widely used credit score in the U.S. is calculated will make it harder for many Americans to get loans. ...
by Glen | Apr 4, 2019 | credit scoring, General real estate financing information, Housing Price Trends / Information
Last week, I woke up, checked my phone only to see it blowing up with alerts. I was getting alerts about random charges that were not mine from my credit card. Not the best way to wake up, but not surprising since it has been about 6 months since the largest hack in...
by Glen | Mar 8, 2019 | credit scoring, hard money
It’s like getting a free scoop of ice cream 😊 Experian is rolling out a new product called Experian Boost which will allow you to “instantly boost your credit score”. Experian expects over 65% of consumers will see a boost to their credit score. Will...
