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March 2, 2018

What We’re Hearing: Ocwen’s CFPB Problem Isn’t Going Away / Overseas Regulatory Exposure / Jeb Hensarling’s GSE Bill / Does the AEI have the Ear of the White House? / HUD Secretary Shocked to Find Gambling in his Establishment / Brian Montgomery, the Patience of Job

By Paul Muolo

A few years back, Pinto and AEI unveiled a new mortgage product called the Wealth Building Home Loan, which was intended to provide an affordable mortgage option for low- and middle-income borrowers.

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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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