…and a follow up…
And a follow up…
What they fail to mention is Fannie and Freddie do not accept this score model. There is also a lot of controversy about this new score model and the link below is another article that I read a while ago.
http://www.creditcards.com/credit-card-news/fico-new-mortgage-credit_score-nontraditional-information-1270.php
Sorry! I got excited about a "better" system. Should have known…