Sentences with phrase «lender by industry standards»
AimLoan is a small lender by industry standards but still fares significantly better than large brick - and - mortar lenders in terms of its ratio of complaints to mortgage originations.
https://www.valuepenguin.com/ Not exact matches
To make things more complicated, FICO (Fair Isaac Corporation), considered an industry standard by many lenders, is also calculated differently.
There's also FICO (Fair Isaac Corporation), which also uses a different system and is considered the industry standard by many lenders.
«A deep MI pilot built around the core strengths of the MI industry, lender relationships, independent underwriting standards, and expertise in pricing long tailed credit risk, combined with Credit Risk Transfer via the capital and reinsurance markets by MI companies, can better protect the U.S. taxpayer while also providing prudent access to home ownership.»
The standard was implemented in 2014 by the the Consumer Financial Protection Bureau (CFPB) as an industry safeguard for both lenders and borrowers.
FICO (Fair Isaac Corporation) is the industry standard for credit scoring models and is used by nearly all types of lenders.
There are no established, industry - wide standards for underwriting, though most lenders follow standards set by government - related agencies, private mortgage insurers, private mortgage investors or institutional investors.
To make things more complicated, FICO (Fair Isaac Corporation), considered an industry standard by many lenders, is also calculated differently.
Appraisals are conducted by companies who must meet specific industry standards and code of conduct to be approved to supply appraisals to lenders.
Other credit scores are sometimes used by lenders, the FICO score is the industry standard.
The FICO ® Score is the industry standard for credit scores because it is trusted by lenders to be predictive, independent and reliable.