- Detroit Heroin Dealer Pleads Guilty to Huntington Charges
- MILITARY-INDUSTRIAL COMPLEX: Defense Dept. Contracts for Nov. 24, 2014
- Suit Planned over Hanford Chemical Vapor, Radiation
- Prudent Budget Cuts Approved; Ten New Officers on Hold
- Nothing less than a complete commitment to safety at Hanford is acceptable
- REALTORS: Pending Home Sales Slow in October but Remain Higher Than a Year Ago
- Marshall No. 24 in College Football Playoff Rankings
- Roller Girls Double Header Headed for Big Sandy
- MILITARY-INDUSTRIAL COMPLEX: Defense Dept. Contracts for Nov. 21, 2014
- Hotel May Come to Central City
REALTORS: New Credit Scoring Calculation Will Improve Access to Homeownership
“Realtors welcome today’s [Aug. 8, 2014] announcement from Fair Isaac Corp., or FICO, that it will no longer penalize borrowers for certain debt-collection activities when calculating credit scores.
“This move will ultimately make a real difference in the lives of millions of Americans, who have been shut out of the housing market or forced to pay higher mortgage interest rates because of flawed credit scores. Since the housing crash, overly restrictive lending has been the greatest obstacle to homeownership.
“NAR will continue to support efforts to broaden access to credit for qualified homebuyers.”