Debt History

Each credit score model consists of multiple Scorecards that assess distinct aspects of an individual's credit profile. The points assigned by these Scorecards collectively determine the overall credit score. Typically, each model includes between 8 to 12 Scorecards, which categorize consumers into different segments. Based on a consumer’s actions, changes to the credit report may ... Read more

Fannie Mae recently announced that a minimum credit score of 620 will no longer be a requirement for loan approval. This announcement has generated many questions within the industry. The straightforward answer is that credit scores are still a key factor and continue to hold the same level of significance as they did prior to ... Read more