Credit scoring has brought increased efficiency in the mortgage lending industry. It has also raised concerns about fair mortgage lending practices given the increasing use of credit scores in the underwriting process. In order to better understand the potential impact of credit scoring on...

The rise of predatory lending practices has put increasing pressure on lenders to oversee the practices of their third-party mortgage brokers. A lawyer, regulator, consumer advocate, and retired Department of Justice counselor share their perspectives on the subject.

While many perceive a dark side to the use of overrides in the mortgage underwriting process, Stanley Longhofer of Wichita State University disagrees. This article concludes the five-part series on credit scoring and fair mortgage lending.

Homeowners who receive loan modifications and successfully avoid foreclosure may face another issue, one that is not well understood. It turns out that participation in loan-modification programs may adversely affect credit scores. 1 The magnitude of the impact is unclear because many factors...