Discover what a first mortgage is, its importance as a primary lien, key requirements, and tax benefits. Learn how it compares with a second mortgage and explore real-life examples.

A first mortgage is the main loan used to buy a home, and it gives the lender the first claim on the property if the borrower fails to repay. Most homebuyers rely on a first mortgage since few people ...

FICO has expanded its Mortgage Direct License Program, enabling more transparent, cost-efficient direct delivery of FICO Scores to mortgage lenders FICO has revealed that it has expanded its FICO ...

Global analytics software leader FICO (NYSE: FICO) and Xactus, a fintech and market leader in verification solutions for the mortgage industry, today announced that Xactus is the first verifications ...