Posted by Sean on May 07, 1999 at 14:57:52:
From http://www.fairisaac.com/
Fair, Isaac credit bureau risk scores allow financial institutions to make credit-related decisions associated with applicants according to the likelihood that credit obligations will be paid as expected.
BEACONsm (Equifax)
EMPIRICA® (Trans Union in U.S. and Canada, ITC in South Africa)
Experian/Fair, Isaac Model (Experian)
Available in these regions:
North America
Africa
That’s the only BEACON relation to real estate that I know of.
What is the Beacon Program??? - Posted by MarkHOUTX
Posted by MarkHOUTX on May 07, 1999 at 12:57:41:
Anybody know anything about the Beacon Program? Does it have something to do with buying notes at simultaneous closings? Does anyone know of where I can find out more about this? Is this from a particular company? Is there a website or a phone number for more info.? Thanks in advance for your help.
Re: What is the Beacon Program??? - Posted by Bud Branstetter
Posted by Bud Branstetter on May 07, 1999 at 17:47:58:
The Beacon program is a note buying program cloaked as a mortgage program. You get the people to sell and the buyer goes through their program such that they buy for a percentage of the 80% 1st lien. I will email you the website address directly.