The Traderszone Network

Published in TZ Latest News 2 December, 2016 by The TZ Newswire Staff

When will Fannie, Freddie switch to new credit-scoring model?

You probably know that your credit score is a crucial factor in your ability to qualify for a mortgage. You might also know that your score can vary depending on the type of scoring model your lender uses. If it’s an old, outdated version you might get a lower score. If it’s a newer, more advanced model, you’ve got a better shot at being scored more fairly. Which brings up an end-of-the-year controversy: The two … [more]

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