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FICO Scores

Was told today that minimum FICO (credit) scores were increased from 620 to 640. Does not make sense to me…banks are using TARP money to invest in other revenue streams and buying up smaller banks. This will reduce the number of first time buyers that previously could have purchased a house.

Tags: Allen Park Homes, Downriver Homes For Sale, Lincoln Park Homes, Riverview Homes for Sale, Southgate Homes, Trenton Homes For Sale, Wyandote Homes For Sale

Posted on Thursday, September 17th, 2009 at 2:06 pm and is filed under Homes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.