Trended Data is coming soon to the mortgage industry. Trended data provides a historical perspective of specific consumer behavior, including: Schedule Payment, Actual Payment, Past balances and much more. Trended data expands the credit information used for evaluating a home loan applicant by supplementing the traditional moment-in-time snapshot of an applicant’s credit balances with a more dynamic picture of the applicant’s history of managing accounts.
- On January 15, 2016
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