General World News

Movement Mortgage adopts FICO 10 T credit scoring model for non-conforming loans

Industry-leading lender Movement Mortgage will become an “early adopter” of FICO Score 10 T, the updated credit scoring model designed to take advantage of trended data information to help expand mortgage approval rates.

Movement will employ FICO 10 T “to analyze their non-conforming loans, in conjunction with the classic FICO Scores,” the company said in a joint announcement with FICO.

“As a first-in-market user of FICO Score 10 T, Movement Mortgage and FICO will work together to share early-use insights for non-conforming products to help the mortgage industry understand the benefits of the details ⇒

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