HUD Secretary Tells REALTORS® FHA Is Exploring Alternative Credit Scoring Models to Expand Mortgage Access

A diverse group of housing industry stakeholders participated in a credit access symposium recently to discuss how alternative credit scoring models could expand access to mortgage credit for responsible borrowers who may have thin credit histories or extenuating circumstances like medical debts. The event, co-hosted by the National Association of REALTORS®, the Asian Real Estate…

Berkshire Hathaway HomeServices Georgia Exec Is New NAHREP President

Berkshire Hathaway HomeServices Georgia Properties recently announced that Teresa Palacios Smith, current Vice President of Business Development for the company, was installed tonight as the new President of The National Association of Hispanic Real Estate Professionals (NAHREP). The gala event was held at the esteemed Fairmont Hotel in Washington, D.C. Among the distinguished guests were…

Mortgage Gatherings Pinpoint New Rules

By AIMEE L. BROWN Mortgage Daily With recent regulatory policies and implementation deadlines taking hold, several industry conferences and workshops are geared towards helping lenders manage a successful business in the age of compliance. Appraisals, banking and reverse mortgages are among other topics being covered at upcoming events. The 2015 Housing Policy and Hispanic Lending…

HUD Secretary Tells Realtors FHA is Exploring Alternative Credit Scoring Models to Expand Mortgage Access

The FINANCIAL — A diverse group of housing industry stakeholders participated in a credit access symposium on April 1 to discuss how alternative credit scoring models could expand access to mortgage credit for responsible borrowers who may have thin credit histories or extenuating circumstances like medical debts. The event, co-hosted by the National Association of…

NAHREP Report: Hispanics Continue to Drive Owner Household Growth; Inventory Emerges as Number One Barrier to Homeownership

Gains in Owner Households, Jobs, Income & Education Make Latinos Homeownership-Ready and Poised to Drive First-Time Homebuyer Sales if Homes were Available SAN DIEGO/MIAMI – Hispanics lead the growth of U.S. owner households and many more are credit-ready to buy now if homes were available, according to the 2013 State of Hispanic Homeownership Report published…

HUD Secretary Tells Realtors® FHA is Exploring Alternative Credit Scoring Models to Expand Mortgage Access

WASHINGTON, April 1, 2015 /PRNewswire/ — A diverse group of housing industry stakeholders participated in a credit access symposium today to discuss how alternative credit scoring models could expand access to mortgage credit for responsible borrowers who may have thin credit histories or extenuating circumstances like medical debts. The event, co-hosted by the National Association…

HUD’s Castro to Realtors: We want alternatives to traditional credit scoring

Credit accessibility continues to dog marginal homebuyers By Trey Garrison Several real estate trade groups spent Wednesday discussing the challenges that credit standards pose for access for some would-be borrowers and alternatives to traditional credit scoring. The event, co-hosted by the National Association of Realtors, the Asian Real Estate Association of America and theNational Association…