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Wells Fargo Reduces FICO Scores for FHA Financing: What Does it Mean?
There’s talk into the development and through the housing industry industry that providing giant Wells Fargo is reducing credit ratings it needs for potential homebuyers funding with FHA financial financial financial financial loans . Although this may seem – on top at the very least – like very good news for People in the us thinking of buying a tru residence … we approach this move with careful optimism.
To begin with, AmeriFirst Residence Mortgage CEO and co-founder David N Gahm stocks a bit that is little the way the local neighborhood home loan banker manages the housing marketplace and financing. (more…)