Data Facts Lending Solutions Blog

datafactssolutions

Recent Posts

Credit Bureaus Selling Borrower's Info? YES! But, Data Facts Can Help

Posted by datafactssolutions

Dec 3, 2015 9:02:30 AM

Mortgage Trigger Data is created when a borrower fills out a 1003 (mortgage application), and has their credit report pulled. This creates a credit inquiry event which is flagged on the borrower’s credit record.

The credit bureaus aggregate all of the flagged records on a daily basis and make the information available to paying marketers as a “trigger” file within 24-48 hours of the original mortgage application.  YIKES!  And yes, in case you are wondering, this is a totally legal practice.

Read More

Topics: credit reports, Credit Freeze, Mortgage triggering, Opt Out PreScreen, Credit Bureau

Finding the RIGHT Credit Card for YOU!

Posted by datafactssolutions

Mar 31, 2014 10:55:00 AM

Looking for a credit card? If so, you’ll need to shop around. Do some research to compare costs, features and drawbacks before settling on a single card.

Read More

Topics: Data Facts blog, lending solutions, Credit Score, finances, credit cards, credit history, FICO

Strategies to Help You Erase Debt in 2014

Posted by datafactssolutions

Mar 28, 2014 3:17:48 PM

Read More

5 Tax Deduction Tips for Homeowners

Posted by datafactssolutions

Mar 13, 2014 1:20:27 PM

Read More

Topics: Data Facts blog, Data Facts, Mortgage loan, Mortgage, finances

STOP! Don't Mess Up Your Home Mortgage!

Posted by datafactssolutions

Feb 26, 2014 10:25:00 AM

You’ve gone to your lender and been approved for a home mortgage. You’ve found the home of your dreams. But just when you are about to close, the lender says you are no longer approved. What happened?

Read More

Topics: Data Facts blog, wordpress blog, Data Facts, Mortgage, lending solutions, Credit Score, Mortgage compliance, finances, credit cards, credit history, Compliance, Credit Bureau, mortgage news, FICO

Getting Married? How Marriage Affects Your Credit

Posted by datafactssolutions

Feb 14, 2014 7:11:00 AM

Today, February 14th is the most romantic day of the year. In fact over 2.2 million people will get married today and millions more will become engaged. Getting married is a wonderful moment in life, but it can affect many things, including your credit. So in the spirit of the holiday that love built, we’ve decided to debunk some credit myths associated with marriage, and its effect on credit.

Read More

Topics: Data Facts blog, Data Facts, divorce, Credit Score, finances, Improve Credit Score, credit cards, Credit Bureau

8 Ways to Build a GREAT Credit Score

Posted by datafactssolutions

Feb 6, 2014 10:55:00 AM

Establishing a good credit history has never been as important as it is today. It's not just that you'll need good credit to get decent rates when you're ready to buy a home or a car. Your credit history can determine whether you get a good job, a decent apartment or reasonable rates on insurance. One seemingly minor misstep -- a late payment, maxing out your credit cards, applying for too much credit at once -- can haunt you for years. If you're just starting out, you have a once-in-a-lifetime opportunity to build a credit history the right way. Here's what to do, and what to avoid.

Read More

Topics: credit checks, credit reports, Credit Score, credit cards, credit history, Credit Bureau, FICO

A HReal HRisk HR can help HReduce | BCP Business Center

Posted by datafactssolutions

Jan 28, 2014 11:06:00 AM

By Lesley Fair

Read More

Topics: Data Facts blog, Identity theft, wordpress blog, Data Facts, Data Breach, Data privacy

H.A.R.P. Has Been Extended!

Posted by datafactssolutions

Jan 23, 2014 8:56:00 AM

The H.A.R.P. (Home Affordable Refinance Program) program which enables struggling homeowners to refinance their mortgage, whose home value has declined, has extended its application deadline to December 31st 2015.

Read More

Topics: Data Facts, Mortgage loan, MBA, Mortgage, lending solutions, finances, HARP 2.0, FHA, mortgage news

CFPB—What The New Rules Mean For Consumers

Posted by datafactssolutions

Jan 17, 2014 2:56:08 PM

The new CFPB New Mortgage Rules recently took effect on January 10th 2014.

Read More
Download the Ultimate Guide to Understanding Credit Scoring

Subscribe to Email Updates

Follow Us:

Recent Posts

Posts by Topic

see all
Go to Top