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Week of July 9th-Two major lending changes mean it's suddenly easier to get a mortgage

July 9, 2017
  • The nation's three major credit rating agencies, Equifax, TransUnion and Experian, will drop tax liens and civil judgments from some consumers' profiles if the information isn't complete.
  • Mortgage giants Fannie Mae and Freddie Mac are allowing borrowers to have higher levels of debt and still qualify for a home loan.
  • These changes come at a time when lenders are competing for a shrinking market of borrowers.  Read more

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