CreditXpert Inc., a credit analysis and management provider based in Towson, Md., launched a tool for finding inaccuracies in credit files and giving the user the ability to act on them.Specifically, CreditXpert Detective scans an individual's credit data to reveal potential inaccuracies and recommends specific updates that will most significantly improve the person's credit score. It also automatically generates customized instructions and dispute letters. Using the tool's recommendations and guidance, users can uncover their credit scores. CreditXpert Inc. can be found on the Web at http://www.creditxpert.com.
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Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
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Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
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While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
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The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
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The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
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Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
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