Industry Insights

What’s the difference between credit repair and credit score improvement? In this video, product support manager Rosa Mumm helps uncover the difference between dispute-based credit repair tactics, which are typically short-term, artificial inflations of the credit score, and CreditXpert’s specific, reputable credit management actions. It’s a two-minute video packed with information that will help any…

It’s no secret credit scores can hinder a potential borrower’s ability to qualify for the best loan program, which can ultimately lead to poor borrower satisfaction. At HousingWire’s 2021 Annual Spring Summit, CreditXpert VP of Sales and Client Success Matt Hydrew and Todd Worthington, director of qualification support at Bank of England, discussed top-of-the-funnel strategies lenders can use to help…

Michael Hammond interviewed CreditXpert CEO, Jim Hemmer, on the 30-minute Fintech Hunting podcast last week. Jim discussed the current state of mortgage lending and ways that lenders can help borrowers get and stay credit-ready. Specific topics covered include: The impact of low inventory on lending and credit scores How credit-readiness helps lenders reduce lead fallout…

In today’s tight housing market, you face the heroic challenge of working with your borrowers to access the best loan deal. There are many factors that you need to consider. Additionally, the home-buying process for your borrowers is more likely to become extended, since they are struggling with finding the home of their dreams. During…

Recently, CreditXpert’s VP of Product, Renata Sheyner, spoke with HousingWire to discuss the ways in lenders can benefit from embracing technology in a competitive environment. Read the full interview below to find out why she believes we should continue developing new technology for the mortgage industry, 2020’s impact, and what we are doing here at…

Matt Hydrew, CreditXpert’s VP of Sales and Client Success, gives insight on how a year like 2020 affects mortgage lending in an article for the Progress in Lending Association. Keep reading to learn what makes the mortgage lending business tick, and how you can take control of lead fall-out with a six-point plan: The mortgage…

Renata Sheyner, CreditXpert’s VP of Product, shares her insight on the role of technology in the mortgage industry, and how it can aid with process automation and standardization to meet business goals and manage costs. Read more in the first of her three-part series for the Progress in Lending Association: Throughout my career, I have…

Rosa Mumm, our product support manager, is asked quite frequently, “What’s going to happen to a borrower’s mortgage credit score when a loan comes out of forbearance?” According to the MBA, there are 2.7 million mortgages in forbearance as of January 31, 2021. As we shared in our Forbearance 101 blog post last year, there…

Exec Summary & Introduction Profitably connecting borrowers and lenders is the name of the mortgage game. Sounds simple though it is one of the most difficult aspects of mortgage lending. This is not a new challenge. CreditXpert believes that one of the keys to more profitable lending is focusing on early leads and reducing early…

Due to the increased popularity of Experian’s Boost program, you have likely seen your share of self-reported utility records on your borrower’s credit reports. Your applicants may even be asking you, “Do these records help my score?” Rosa Mumm, our product support manager, shares insights on this question in her latest video.