Wells Fargo Gives Subprime Borrowers Another Chance

Wells Fargo has announced that it plans to begin originating FHA-backed loans for borrowers with credit scores as low as 600. This new cut-off is 40 points below Wells Fargo’s current floor, and 20 points below what has traditionally been considered...
By: Bilzin Sumberg Mortgage Repurchase Group

Bilzin Sumberg Mortgage Repurchase Group