FHFA
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Scoring Model Changes Are Coming
- November 2, 2022
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
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Advantage Credit Responds to FHFA Request For Information on Credit Scores
- March 27, 2018
- Posted by: Joel Firestone (G-Net Consulting)
- Category: News
At Advantage Credit, we’ve always taken an active role in trying to shape regulation and policy that help produce sound credit underwriting decisions that will benefit both lenders and consumers. To that end, the Federal Housing Financial Agency (FHFA) announced a Request For Input (RFI) seeking feedback from interested parties regarding how Fannie Mae and
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The Magic of 24
- January 16, 2014
- Posted by: Joel Firestone (G-Net Consulting)
- Category: News
24…that is the average number of points scores increased in 2013 as a result of a rescore. Think about it…how many more loans could have been closed with an extra 24 points? Rescores had an average success rate of 91% in 2013 with 60% of those rescores being accomplished simply by the borrower paying down