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January 25, 2018

Short Takes: You Cannot be a Guarantor and a Lender / Trade Groups on the Same GSE Page / NY Lender Opens New Office in NJ / A Strong Profit for Old Republic / DocMagic Reaches a Milestone

By Paul Muolo

The Community Mortgage Lenders of America is also against the concept of guarantors being lenders or having lending affiliates.

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Poll

Do mortgage lenders really need a new credit-scoring model or is the current FICO system adequate?

It’s fine. Stick with what works.

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Time for a change. Borrowers are different today.

35%

Undecided, still assessing the situation.

12%