EPISODE · Jul 26, 2012 · 1H 2M
FICO introduces new mortgage credit score. Have you heard?
from All You Need To Know Radio · host All You Need To Know Radio
SPONSOR: American Negotiators - 972 200 1187 www.savedfromdebt.comA new FICO mortgage credit score unveiled Tuesday casts a wider net to capture consumer behavior not previously considered in whether to grant a home loan. The agency says it will make more people eligible for a mortgage, but critics say that wider net may pull in new inaccuracies and create additional privacy concerns. On July 10, the consumer credit score giant FICO joined with data firm CoreLogic in announcing the new score designed specifically for mortgage lenders called the FICO Mortgage Score Powered by CoreLogic. The mortgage score is based on information provided by CoreLogic in a detailed report called the CoreScore Credit Report. http://www.creditcards.com/credit-card-news/fico-new-mortgage-credit_score-nontraditional-information-1270.php?a_aid=9fc4cb60
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FICO introduces new mortgage credit score. Have you heard?
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