"Archaic" FICO Model Called Out by NAR. Credit Scoring Due Another Update

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/187994.aspx

You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.

Home Today's Headlines ATW Forums Q&A Mortgage Rates   Top Stories       "Archaic" FICO Model Called Out by NAR. Credit Scoring Due Another Update The National Association of Realtors® recently called on Fair Isaac Corp., developer of the FICO score model, to revise some of its computations to take... - MND NewsWire Charting the Rapid Rise in Mortgage Rates. 4.75% Still Best Execution Mortgage rates shot higher this week. The new "best execution" par 30 year fixed mortgage rate has jumped firmly up to 4.75%. - Mortgage Rate Watch Mortgage Industry Gong Show: Hasty Rule-Making Creates More Confusion Plain and Simple: if you weren't already aware, the CFPB is looking to combine TIL and RESPA disclosures into one document. Home loan disclosures are being... - MND NewsWire The Fatal Flaw in HAMP: Lack of... - Community Commentary GSE Reform is Top Political Priority;... - Pipeline Press How Global Trade and the Value... - MBS Commentary Managing Operational Risk in a... - MND NewsWire Tactical Directionality Dependent... - MBS Commentary Multiple Strategies Exist When... - The Garrett Watts Report Brighter Outlooks or Year End Volatility... - MBS Commentary Originator Compensation Reform... - MND NewsWire »View more top stories jeffer90576 Profile View Edit Member Toolbox -MBS/Treasury Quotes -Mortgage Rates -Write an Article -Mobile MND -News / Rate Widgets -Manage Email Alerts -Update Profile -Not a Premium Member Yet? Upgrade Here. MBS Quotes FNMA 3.5 95-03 -0-23 FNMA 4.0 99-00 -0-19 FNMA 4.5 101-30 -0-16 FNMA 5.0 104-15 -0-10 FNMA 5.5 106-10 -0-03 FNMA 6.0 108-01 -0-02 Updated: 12/10/10 4:35 PM Treasuries 3 MO 0.1300 -0.0049 2 YR 0.6400 0.0203 5 YR 1.9800 0.0925 10 YR 3.3200 0.1163 30 YR 4.4300 0.0320 Updated: 12/10/10 6:40 PM Mortgage Rates 30 Yr FRM 4.68 0.04 15 Yr FRM 4.01 0.05 FHA 30 Year 4.71 0.05 Jumbo 30 Year 5.78 0.05 5/1 Yr ARM 3.88 0.06 Updated: 12/10/10 5:27 PM Latest Video       View:All Videos Orszag's Cure for the Deficit 12/10/2010 Reacting to former OMB director Peter Orszag's recommendations for cutting the deficit, with Greg Valliere, Potomac Research Group, and Tony Fratto... Charting Consumer Sentiment 12/10/2010 Discussing whether consumer confidence could lead to a greater investor confidence heading into the end of 2010, with David Darst, Morgan Stanley, and... Expiration of Build America Bonds Program Affects State Funding 12/10/2010 Dec. 10 (Bloomberg) -- California Treasurer Bill Lockyer discusses how the expiration of the Build America Bonds program would affect the state. The federal... Around The Web       Under 35: Living with Parents vs. Homeownership rate Succinct Summation of Week's Events (12/10/10) NY Fed to Buy $105 Billion in Treasurys Over Next Month Local Bonds, 'Green' Homes Lose Out Analysis examines what it's like to be a 'rich' family in America Principal Writedowns Happen—but Not Through the Feds Bank of America Begins Refiling Foreclosures Real Estate Weekly: Fewer homeowners expected to refinance next year Emerging Markets Drive Global Recovery Mortgage modifications done right »View All Recent Articles JOIN THE CONVERSATION Recent Comments june on 12/10/2010 - read this comment too scared to spend money on the closing costs. Didn't have any savings then and still don't have any. Just wanted my servicer to give me a fair shake, since HAMP was going to raise my monthly... Brett on 12/10/2010 - read this comment I'm burnt out now. I don't even get excited anymore when I see a new application - I just get stressed out instead because I know the garbage I'm about to have to go through again. Now I find... Adam Quinones on 12/10/2010 - read this comment ugh... so Scott Garrett wants to start fresh with an entirely new finance mechanism?. We're in trouble..... BILL WILBANKS on 12/9/2010 - read this comment I've never seen so many complaints and confusion from the borrower about loan disclosures in 36 years in the business until the new GFE came along. It's almost worthless informationally and they... Questions If a home buyer's closing date arrives and the buyer's... how long must I be employed with a firm to obtain a mortgage... Can u make your mortgage payment without paying the esrow amont... Is there any resource available to check if a specific mortgage... Answers What happens to earnest money when seller refuses make repairs... Do I pay a realtor a fee for showing me some houses, or do they... Do tastefully placed family pictures help or hinder when you... Can anyone qualify for a USDA loan or are there criteria you... Forum Discussions Loan Scenario: WA, $339,500, 677, 97% LTV, Purchase Loan Scenario: MI, 740, Purchase looking for a house in Utah Preparing for an Open House Bank of America Commercial REO Loan Scenarios Post | View All   State Date Amount Loan Type WA 12/10/2010 339,500.00 Purchase MI 12/10/2010 0.00 Purchase UT 12/7/2010 256,500.00 Purchase KY 12/6/2010 131,000.00 Refinance (Rate and Term) NY 12/6/2010 500,000.00 Purchase NY 12/2/2010 295,000.00 Refinance (Rate and Term) Mortgage News Daily

You were sent this email because you opted to receive email notifications when a new article was published. Please visit here and update your subscriptions if you no longer wish to receive updates.

Forward this email:  Send a copy of this story to someone you know that may want to read it.

If you have trouble viewing this email, you can read the full post at http://www.mortgagenewsdaily.com/channels/newsletter/187994.aspx