(Trended Data Webinar Link Available) IMPORTANT NEWS FOR OUR MORTGAGE LENDERS CONCERNING TRENDING DATA:
Trended credit data is a 24-month comprehensive view of borrowers’ historical credit performance to be utilized in consumer credit assessments for mortgage applicants. This data can benefit mortgage lenders by providing more information used for evaluating a home loan applicant, supplementing the traditional moment-in-time snapshot of an applicant’s credit balances with a more dynamic two-year picture of the applicant’s history managing revolving accounts. For more information and access to the recorded webinar follow the link.
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