Mortgage triggering is the process that some lenders use to gain customers.
If you are a mortgage lender and haven’t experienced it yet, lucky you.
Basically, lenders purchase these ‘trigger leads’ from the bureaus or other companies.
Jun 4, 2018 10:00:00 AM
Mortgage triggering is the process that some lenders use to gain customers.
If you are a mortgage lender and haven’t experienced it yet, lucky you.
Basically, lenders purchase these ‘trigger leads’ from the bureaus or other companies.
Topics: Mortgage, Mortgage triggering, mortgage lending services
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.
Topics: credit reports, Credit Freeze, Mortgage triggering, Opt Out PreScreen, Credit Bureau
Jul 9, 2013 9:11:47 AM
Mortgage triggering is a frustrating, pull-your-hair out phenomenon that rears its ugly head frequently during a refinance boom. If you are a mortgage lender and haven’t experienced it yet, lucky you.
Mortgage triggering is the process that some lenders use to gain customers.
Topics: Data Facts blog, FCRA, wordpress blog, Data Facts, Mortgage loan, Fair Debt Collection Act, Mortgage, lending solutions, Credit Score, Mortgage compliance, Financial literacy month, mortgage fraud, Improve Credit Score, credit history, Mortgage triggering, Do not call list, Compliance, FHA, Opt Out PreScreen, mortgage news
Apr 19, 2013 9:30:00 AM
The housing market is improving much faster than anyone would have expected a year ago. Nationally, the prices of homes increased by 10% since February of 2012. However, many in the industry think that this may be cause for concern. They are nervous that the fast pace of recovery will cause another bubble.
Topics: Data Facts blog, wordpress blog, Data Facts, Mortgage loan, Mortgage, Credit Score, Mortgage compliance, short sale, mortgage fraud, finances, credit history, Mortgage triggering, Strong password, FHA, mortgage news
Sep 26, 2011 8:46:00 AM
Mortgage triggering is a frustrating, pull-your-hair out phenomenon that rears its ugly head frequently during a refinance boom. If you are a mortgage lender and haven’t experienced it yet, lucky you.
Mortgage triggering is the process that some lenders use to gain customers.
Topics: Mortgage, Mortgage triggering
