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 New FICO model to help mortgage lenders determine consumer credit risk- New FICO model to help mortgage lenders determine consumer credit risk
- October 29, 2010
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The subprime mortgage crisis forced lenders to tighten their credit standards, putting a new set of rules, regulations and requirements in motion that have made it more difficult for prospective homeowners to secure financing.
- View more at: http://www.credit.com/news/credit-debt/2010-10-27/new-fico-model-to-help-mortgage-lenders-determine-consumer-credit-risk.html
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