so they aren't included in calculating traditional consumer credit scores. Mortgage payments, however, are included. Advocates have long fought to change that disparity, which can effectively can lock out first-time buyers with a stellar record of responsibly paying their rent on...
and calculating a delinquency risk grade for the mortgage loan based on the mortgage loan application data. The delinquency risk grade represents the probability of an adverse event associated with the mortgage loan and comprises one of a plurality of delinquency risk levels. The method also includes...
Fannie Mae`s terms and conditions apply to the specified occupancy status. Lenders should always remain vigilant about mitigating risks during the construction or renovation process. The more flexible requirements that now allow for further supporting ...
I started by calculating simple cumulative default rates for each origination year, defining a “defaulted” loan as one that became at least 60 days delinquent at some point in its life. Note that not all 60+ day delinquent loans actually turn into foreclosures where the borrower ha...