Which of the following is true about credit scoring?
A) It is a new method of credit analysis
B) It is a number compiled from credit records that show a person's creditworthiness
C) It has no variation and can be the sole criteria for creditworthiness
D) It is used only for analysis of car loans
Correct Answer:
Verified
Q1: An automated underwriting system is one that:
A)
Q2: Mortgage loan origination software must increasingly be
Q3: An ownership interest of one percent or
Q5: The best explanation of computerized loan origination
Q6: The advantage of a web site offering
Q7: Which of the following is NOT a
Q8: Even though greatly diminished in market share
Q9: Freddie Mac offers an "expedited" collateral assessment
Q10: Fannie Mae offers two automated underwriting programs,
Q11: Which of the following is true of
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