The First American Corp., Las Vegas, has announced the availability of an index of screened and certified mortgage lenders that have incorporated nontraditional credit scoring techniques into their underwriting processes.The company said the Anthem Lender Directory includes a growing list of more than 200 loan officers nationwide. The directory will help real estate agents, community groups, and consumers identify lenders who are using "the latest" credit evaluation methods, First American said. "By helping consumers efficiently identify trusted lenders who are now embracing alternative credit solutions, First American is continuing to serve as a catalyst in creating homebuying opportunities within the emerging minority and new-immigrant homebuyer segments," said Mark F. Catone, senior vice president of First American Credco, the company's credit information subsidiary. "Connecting those homebuyers with committed lenders who have undergone our rigorous compliance screening process will enable many more deserving families to secure prime-grade mortgage loans." Further information can be found online at http://www.credco.com/anthem.
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AnnieMac CEO Joe Panebianco has navigated a broad range of risks, from cash buyer competition to shifts in the market's loan product mix, with a unique leadership style.
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House Speaker Mike Johnson, R-La., reportedly plans to send the recently passed housing bill to the White House on Monday, starting a 10-day clock for the president to sign the bill.
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The national delinquency rate rose 15 basis points to 3.5% last month due to a calendar anomaly, marking a 4.5% month-over-month incline and 9.4% annual change.
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ICE launched a fraud detection tool for underwriters, Newrez partnered with Matic and Rate announced a free home equity monitoring tool this month.
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