I thought that they only pulled TU? Anyway the guy told me something that I found pretty interesting. He said that only about 1 in 15 applications have an average score above 700. I found this interesting because EQ states that about 50% of consumers are above a 700???
I would tend to believe COUNTRYWIDE before a CRA about 700+ F.I.C.O....(but also they said applications)...maybe 700+ apply for less mortgages with COUNTRYWIDE???
That could be true George...but off by that much I doubt it. They are not a subprime mortgage lender (though they have another company that is).
I didn't mean they are SUB-PRIME...but maybe 700+ apply for LESS mortgages...(with COUNTRYWIDE or ANYBODY ELSE)...
I know I have never posted before but... had to jump in on this one.. I work for an insurance companies & deal with adding lenders to home policies all day long.. Countrywide is the MOST common one I add.. Washington Mutual a very close 2nd...The customers my company has tend to have higher credit scores than the average... and many homes... I would believe Countrywide...
They told me they pull a merged report from all 3. It was from a company called Landsafe I think. I could tell from the info on the report that it was only TU. Sure enough, the only inquiry was on TU. Gib
