RESIDENTIAL EDITION VOLUME
7 JULY 2011
What we’re blogging
» On Mortgage Metrics: Residential
“Although sales have been slowing, average FICO
scores for purchases and rate-and-term refinances
have continued to improve. In other words:
Fewer people are buying, but those who are have
healthier credit profiles.”
— Dan Yeh, June 1
Average FICO Scores
Illustration: Dennis Wunsch
Source: Scotsman Guide Loan Post
Underwriting affects almost everything mortgage brokers and loan originators do.
Working with an appraiser? Helping clients with distressed properties? Seeking a
Federal Housing Administration (FHA) loan for a condo? There’s an underwriting
problem — and a solution — waiting. Let our archive show you the way. Want more?
Search the archive at
Scotsman Guide’s Mortgage Metrics:
Residential blog presents news links and content from our award-winning lender-search engines and Scotsman Guide Loan Post. Check
out daily posts — and exclusive data each
Tuesday — at
Tools and resources
Tiptoe Through the Distressed-
Property Market (May 2011)
By Manuel V. Sicre, EMP Medical Services
and Central Medical Equipment Rental
Don’t Just Peek at the Loan Purpose
By Lorene Randich, Redwood Mortgage
How Valuation Tools Help Paint an
Honest Picture (December 2010)
By Greg Dennis, MDA Lending Solutions
Preventing Discrimination Lawsuits
By Farrell Bloch, Charles River Associates
FHA Loans Offer Opportunity and
Challenges (November 2010)
By Christopher L. Gardner, FHA Pros LLC
Seek Better Lender Tools to Close
More Deals (August 2010)
By Joe Bowerbank,
Loan-Score Decisioning Systems
Leveraging the GFE (June 2010)
By Janine M. Atamian,
Lincoln Appraisal & Settlement Services
How to Handle REO Deals (May 2010)
By Desirée Patno,
Desirée Patno Enterprises Inc.
NEW ONLINE THIS MONTH: HELPING HANDS
A Dallas-based lender fulfilled the wishes of 24 at-risk children this past holiday season.
» Scotsman Guide Loan Post
Post a loan scenario and receive lender
replies — for free.
» Niche Lenders
Who can do a loan for that specialty property?
Check out our list.
» Search Wizard
When you’re unsure what type of lender has
a program for your borrower, let our wizard
do the work.
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