A New Era of Credit Scoring
is Taking Shape
CIC Credit is ready to help you navigate it
More comprehensive approaches to evaluating creditworthiness are coming – and it’s an important development for the mortgage industry.
What You Need to Know About the New Scoring Models
With guidance from the Federal Housing Finance Agency (FHFA), both Fannie Mae and Freddie Mac are beginning to utilize more advanced credit scoring models, including both the VantageScore® 4.0 and FICO® Score 10T.
CIC Credit is helping lenders with expert guidance such as:
- What’s changing in credit scoring and what the move to new models means for mortgage lending
- Implementation considerations for lenders preparing for the new credit scoring landscape
- Operational issues and readiness recommendations to help lenders of all sizes prepare thoughtfully for this evolving transition
CIC Credit is Ready
With CIC Credit, you have a partner ready to help you navigate the evolving credit landscape. From access to the new scoring model to knowledgeable support, we can help your organization understand the changes and prepare with confidence.
Ready to Learn More?
Connect with CIC Credit to talk with our team about the new scoring models and what they could mean for your organization.