Friday, June 8, 2012

Fannie Mae and a Second Credit Report

Fannie Mae has announced that it will start requiring a second credit report just prior to closing a mortgage. What does this mean to you, the consumer? When you apply for a home loan, the investor requires a tri-merge credit report with your mid-score being, at present, at 640 or above. The higher your credit [...]

Source: http://www.homemortgagenewsblog.net/fannie-mae-and-a-second-credit-report.html

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