Two-thirds of U.S. homeowners eligible for home equity lines of credit (HELOCs).
Today’s Best Reads
Stories I recommend today.
Originations Linkfest: stories I recommend today
Originations Linkfest 1/9/16: credit scores, FHA mortgage insurance lowered, top real estate influencers, more 2017 outlooks
ICYMI here’s a hilarious and astute primer on credit reports from John Oliver.
Loan approvals are getting more strict, not less.
Ever apply for a home loan then suddenly you’re inundated with new solicitations for credit? Don’t be too quick to blame the mortgage lender who ran your credit. It’s most likely not them. It’s the credit bureaus themselves—Equifax, Transunion, and Experian. Once an inquiry is made to them, they sell the data. Conversely, your data