- Lenders utilize FICO scores to determine eligibility for loans.
- Lenders utilize FICO scores to determine eligibility for loans.
- Lenders utilize FICO scores to determine eligibility for loans.
- Lenders utilize FICO scores to determine eligibility for loans.
CFPB has begun regulating Primary Residential Mortgage, Inc.'s consumer mortgage lending practices under ECOA, TILA/Reg Z, RESPA, and TRID.
1 report, 0 independent
Updated May 8
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What happened
CFPB has begun regulating Primary Residential Mortgage, Inc.'s consumer mortgage lending practices under ECOA, TILA/Reg Z, RESPA, and TRID.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Lenders utilize FICO scores to determine eligibility for loans.Also in this story
- FICO scores are being used by credit card issuers to determine eligibility for balance transfer cards.
- MRC rates are now based on the assumption that applicants maintain FICO scores of 620 or higher.
- Weber reports on higher mortgage score unit prices and market conditions discussed in Lansing.
- FICO introduced a superior credit scoring model (FICO Score 10 T) with high predictive accuracy for mortgage lending, impacting loan approvals and pricing.
Within Lenders utilize FICO scores to determine eligibility for loans.
The entities involved
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Primary Residential Mortgage, Inc.
Home loan company
Nothing else this week.
Coverage
Newest first; wire copies grouped- Unknown outlet