Regulations

What happens to credit scores when public records are removed?

New law changes how public records are reported to credit bureaus.

New standards on public records reporting The new standards on public records reporting at the three major credit reporting bureaus went into effect July 1, 2017. There’s been quite a bit of confusion in the the lending world about what this means. One thing is for certain: many public records that used to be found…

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FHA Loan Limits Increase

Increasing FHA loan limits is very good news for homebuyers getting squeezed by increasing home prices. “The FHA loan limits for Texas were increased from 2017 to 2018. At least in most counties… The maximum mortgage amount for most of the state is $294,515, for a single-family home purchase. Higher limits are allowed in areas…

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