Guest Joe Zeibert (FICO Score, Vice President, Mortgage Products and Solutions) and Host Lance Braun (FICO Score, Marketing) discuss the FHFA’s validation and approval of FICO Score 10 T for use by Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) that guarantee most of the mortgages in the US.
In addition, they discuss how FICO Score 10 T integrates trended credit data, illustrating FICO's commitment to continual innovation to address market and data advancements; by leveraging FICO's demonstrated scoring expertise, FICO Score 10 T offers more predictive consumer credit scoring risk management leveraging recent data. Last, they review the top 10 reasons why lending institutions can benefit from migrating to FICO Score 10 T now.
For additional detailed information about FICO Score 10 T: