Posts Tagged ‘FICO’

More on Subprime Lending Policies from the Feds

More on Subprime Lending Policies from the Feds

By The Banker | Blog Posts, Texas

Editor’s Note: A (shorter and less conversational) version of this post appeared earlier today in the San Antonio Express News. An official from the Department of Housing and Urban Development (HUD) responded last week to disagree with my article two weeks ago in which I claimed that Secretary Julian Castro supported subprime lending, in his [&hellip

Ask an Ex-Banker: Home Loans and Home Equity Lines of Credit

Ask an Ex-Banker: Home Loans and Home Equity Lines of Credit

By The Banker | Ask an Ex-Banker, Blog Posts, Personal Finance

Q. Dear Banker, My wife and I are planning an addition to our house. We need the additional space, but I do not want this project to stretch our overall budget. Since I have a specific idea of how much I want to pay, a rise in interest rates would cause us to make different [&hellip