CreditXpert, Towson, Md., says it has a new product that will allow lenders to approve more loans by helping applicants raise their credit scores.Loan officers can now use CreditXpert's Credit Wizard to enter a target credit score improvement and automatically identify, if possible, steps to achieve the desired score. The target-score feature is not "score manipulation," but rather a tool to help lenders close more loans and help consumers qualify for better loan products, said David Chung, interim president and vice president of business development for the firm.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









