"Piggyback" credit-score-inflation schemes for mortgage applicants haven't been reined in, despite industry pledges to do so at the end of the summer. As a result, lenders continue to be misled into treating loan applicants with poor credit as prime-credit candidates, worsening already critical d... -
Reprieve for the 'Piggybackers': Still No Credit-Score Crackdown
"Piggyback" credit-score-inflation schemes for mortgage applicants haven't been reined in, despite industry pledges to do so at the end of the summer. As a result, lenders continue to be misled into treating loan applicants with poor credit as prime-credit candidates, worsening already critical d...-
By Kenneth R. Harney