Authorized User accounts back in FICO scores?

By Todd Abelson NMLS #180858 on .

Attached is an interesting article I found while researching something today.  Evidently the credit score models DO included authorized user accounts again – they stopped for a while but then went back to the old rules… QUIETLY!

However, Underwriters are being required to either downgrade the loan to a “manual underwrite” OR ask for the borrower to be removed from those accounts as an authorized user and the reports to be rescored.

So… here, and gone, and back, but useless!

Click here for article

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