FICO10T
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What FICO’s New Credit Scores Mean for the Mortgage Industry
- February 6, 2020
- Posted by: Kristine Dworkin
- Category: News
No CommentsYou may have heard the news; Fair Isaac is updating FICO scores! That’s right, two new credit scores are expected this summer — FICO 10 and FICO 10T. Don’t panic, these new scores won’t have much of an impact on the $2 trillion of mortgage originations expected this year. This is because lenders follow a