Episode #159 - Mike Olden: VP Sales & Education at the American Reporting Company
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This Week on \\u2018Open House\\u2019, Reba and Eric welcomed Mike Olden, Vice President of Sales and Education for the American Reporting Company. They provide credit reporting and settlement services to the mortgage lending communities. Together they covered topics including:
- Credit reporting updates that affect consumers and lenders.
- Are all credit scores alike? Which credit scores are used by lenders?
- What are a few things consumers can do to improve credit scores?
- Steps to help prevent identity fraud, and much more!
Eric also starts out the show with a mortgage market update for the history books. Rates are literally the best we've seen in a generation\\u201330 year fixed at 3.19%, 15 year fixed at 2.1%, and even lower for VA loans. Listen in to find out more!