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Reading a Credit Report

Credit reports can be very confusing to read at times. There is a lot of information to decipher, codes that may not always make sense, etc. There are some basic things to know that may help when you … [Read more...]

Trended Credit Data Implementation is Drawing Near

You may recall Fannie Mae’s October 2015 announcement regarding their planned use of trended credit data beginning in 2016: Fannie Announcement on Trended Data. Although implementation information … [Read more...]

Fannie and Freddie May be Forced to Make Some Changes in the New Year!

The Federal Housing Finance Agency (FHFA), the agency that oversees mortgage investors Fannie Mae and Freddie Mac, have ordered the companies to make plans to utilize alternate and/or updated scoring … [Read more...]

Fannie Mae Announces New Trended Credit Data Requirement

Evergreen, Colo., October 29, 2015 – Fannie Mae recently announced that they will require credit data used with Desktop Underwriter to include trended data beginning in 2016. The data provided by … [Read more...]

Update on Short Sale Fix

Evergreen, Colo., May 8, 2014 – Serving as an update to the Advantage Credit, Inc. press release dated August 27, 2013 in which a fix was announced to how short sales were conveyed on credit reports, … [Read more...]

Undisclosed Debt Notification is Now Available From all Three Bureaus

Evergreen, Colo., April 24, 2014 – Advantage Credit is excited to announce that they can now offer their Undisclosed Debt Notification (UDN) service from all three credit bureaus. This service is … [Read more...]

Did You Know Series Presents: Short Sale Issue Resolved

Did you know...Starting mid November there should no longer be the need to beware of the number 9! Fannie Mae has announced that during the weekend of November 16th, they will be rolling out their … [Read more...]

Short Sale Fix Announced

Evergreen, Colo., August 27, 2013 -  Fannie Mae and Senator Bill Nelson (D) of Florida recently announced a fix to an issue with how short sales are conveyed on credit reports. Fannie Mae, according … [Read more...]