Top 10 Reasons to Migrate to FICO® Score 10 T
FICO
JUNE 23, 2023
In October 2022 , the FHFA validated and approved FICO® Score 10 T for use by Fannie Mae and Freddie Mac, two government-sponsored enterprises that guarantee most of the mortgages in the US. The model incorporates trended credit data variables to drive a more refined assessment of the trajectory of borrower credit behavior.
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