What changes can mortgage pros expect from the new credit score models? – Episode 25
Jeff Platfoot, MGIC Customer Trainer
What changes can mortgage pros expect from the new credit score models?
We interview Jeff Platfoot, MGIC Customer Trainer, for a quick update on a topic of interest to many of our listeners: Credit score model changes on the horizon. Jeff covers what mortgage industry pros can expect to see as Fannie Mae and Freddie Mac pivot from the classic FICO model to modernize credit score model requirements.
Episode breakdown:
- Recent credit changes in the mortgage industry (1:46)
- The new 2-credit report scoring model (3:12)
The opinions and insights expressed in this Q&A are solely those of its interviewee and do not necessarily represent the views of either Mortgage Guaranty Insurance Corporation or any of its parent, affiliates, or subsidiaries (collectively, “MGIC”). Neither MGIC nor any of its officers, directors, employees or agents makes any representations or warranties of any kind regarding the soundness, reliability, accuracy or completeness of any opinion, insight, recommendation, data, or other information contained in this blog, or its suitability for any intended purpose.
Jeff Platfoot
Jeff joined MGIC's training team in 2003. Jeff has over 35 years of experience in the mortgage industry, which includes sales/origination and over a decade of underwriting and underwriting management.
Jeff loves to assist and develop a depth of understanding for the subject at hand and has a passion for teaching.
Jeff has a bachelor’s degree in business. Native to and still living in Ohio, Jeff is a die-hard college sports fan. Jeff’s son Noah is a junior at Ohio State and is a member and starter for the men’s volleyball team. Jeff is also a huge Ohio University Bobcats supporter. His daughter Madeline graduated from OU and is currently a sixth-grade math and science teacher.
A good weekend for Jeff is one spent with his wife of 31 years and their family boating, fishing and relaxing.
Go BUCKS and BOBCATS!!!