Encompass Lending Group and Equity Resources, Inc. Adopt FICO Score 10 T
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Fair Isaac Corproation (FICO)
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Source: Business Wire
Lenders One® Cooperative members will use FICO’s newest, most innovative and predictive credit scoring model to help reduce delinquencies and increase mortgage loan approvals BOZEMAN, Mont.--(BUSINESS WIRE)--FICO, a leading analytics software firm, has announced that Encompass Lending Group and Equity Resources, Inc. are the latest mortgage lenders to embrace FICO’s newest, most innovative and predictive scoring model, FICO® Score 10 T. Their proactive adoption of the model stems from FICO’s strategic relationship with Lenders One® Cooperative (“Lenders One”), of which both lenders are members. Lenders One is a national alliance of independent mortgage bankers, banks, and credit unions dedicated to helping its members maximize revenue, reduce costs, and improve decision-making.Equity Resources, Inc. is a privately held mortgage lender headquartered in central Ohio and licensed in 20 states plus the District of Columbia. Equity Resources, Inc. originates traditional conventional fin
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- 6/14/24 - Form 144
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- FICO's page on the SEC website