Truework, a Checkr Company, Founder Ethan Winchell discusses how unstable incomes are quietly sidelining millions despite higher earnings and demand.
Tag: Underwriting
Income Instability: The Hidden Barrier to Buying (sponsored by Truework)
Truework Founder Ethan Winchell discusses how unstable incomes are quietly sidelining millions despite higher earnings and demand.
Christy Moss, CMB, of FormFree: It’s Time to Stop Punishing Borrowers with Outdated Underwriting
Tthere is nothing inherently wrong with traditional credit scoring models. In fact, they are excellent tools for gaining insight into consumers’ repayment history. However, there is a problem with the way they are treated as the end-all-be-all mortgage underwriting metric.
Redfin: Home-Buying Demand Strengthens Despite Stricter Lending Standards, Inventory Shortages
Redfin, Seattle, said home-buying demand shook off more than five million new claims for unemployment assistance and continued to strengthen last week.