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Fannie, Freddie win for VantageScore causes pain for FICO shares

Silvio Tavares waited years for news that finally arrived in July: government-sponsored enterprises Fannie Mae and Freddie Mac would finally allow lenders to use something other than a FICO score to determine whether a customer is credit-worthy enough to buy a home. The wonky policy change, delivered via a social media post after years of […]

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Downsizing Without Debt: How More Homeowners Are Buying Their Next House in Cash

If you’ve been thinking about downsizing to lower your expenses, be closer to family, or just make life easier, here’s a trend worth paying attention to: More homeowners are buying their next house outright, without taking on a new mortgage. And, if you’ve owned your home for a while, you may be able to do

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‘It’s complicated:’ brokers talk navigating MLS relationships at CMLS

According to Craig Cheatham, the president and CEO of The Realty Alliance, if you were to assign a Facebook relationship status to the relationship between MLSs and brokers it would be “it’s complicated.”  “The MLS is at once the most valuable tool of the broker and, at the same time, it is the thing at

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