Merger Creates Leading Technology and Credit Provider for the Mortgage IndustryPHILADELPHIA – October 5, 2021 — UniversalCIS, a market-leading, technology-enabled provider of credit data and related origination solutions in the mortgage industry, and Credit Plus, a...
Fannie Mae’s recent decision to utilize rent payment history in mortgage underwriting will help expand the credit-profiles of millions of first-time homebuyers. Because landlords do not report rent payments to the bureaus, many historically disadvantaged populations...
Acquisition Will Expand UniversalCIS’ Origination Solutions PHILADELPHIA, PA – July 8, 2021 — UniversalCIS, a market-leading, technology-enabled provider of credit data and related origination solutions in the mortgage industry, today announced its acquisition of the...
Now private money lenders can know more about their borrowers faster Salisbury, MD, June 17, 2021 – Credit Plus, a leading provider of mortgage verifications, business credit reports, business owner reports and a complete ecosystem of business intelligence data, today...
About 8% of mortgage applications were rejected for single-family homes in 2019, according to the latest available data supplied by lenders to the federal government under the Home Mortgage Disclosure Act. What were the reasons for the denials? High debt-to-income...