Mortgage Loan Approval Sometimes Need a Human Touch
Posted by James on June 2, 2009 in Home Loans | ∞
Kristin Abouelata – Home Loans In the mid 1990’s, the mortgage industry saw the credit score and its predictive power to assess a borrower’s ability to repay a mortgage step into the limelight as one of the most indicative factors for loan approval. After conducting statistical test after statistical test, Fannie, Freddie and Ginnie, the [...]