Where does mortgage money actually come from? When you get a $500K mortgage, who actually writes the checks? Most people have no idea. Does it come from a bank? Does it come from the government or some large quasi-governmental agency like Fannie Mae or Freddie Mac? It all seems so [...]
Credit scores play an incredibly important role in our lives yet few of us truly understand where they come from and how they’re calculated.
Credit scores are provided by three primary credit repositories: Experian, Equifax and Trans Union. These are basically huge databases that house credit information on almost everybody in the country. And how do [...]