Credit Scores definition

Credit Scores. The figure assigned to a Home Loan that is designed to assess the Mortgagor's credit history which is obtained from credit reports provided by various credit reporting organizations and obtained by many lenders in connection with Home Loan applications to help assess a Mortgagor's creditworthiness.
Credit Scores. With respect to the Mortgage Loans, statistical credit scores obtained by mortgage lenders in connection with the loan application to help assess a borrower's creditworthiness.
Credit Scores. The figure assigned to a Home Loan that is designed to assess the Mortgagor's credit history which is obtained from credit reports provided by various credit reporting organizations and obtained by many lenders in connection with Home Loan applications to help assess a ▇▇▇▇▇▇▇▇▇'s creditworthiness.

Examples of Credit Scores in a sentence

  • In addition, the Seller shall submit to the Purchaser monthly loan-by-loan default information including, without limitation, notes made and retained by the Seller in connection with servicing the defaulted loan, the reasons for the default, updated values of the Mortgaged Property, updated Credit Scores on the Mortgagor and information regarding Servicing Advances made.

  • This information can include: • Social Security Number • Income • Account Balances • Payment History • Credit History • Credit Scores When you are no longer our customer, we continue to share your information as described in this notice.

  • This information can include: • Social Security number and Income • Account Balances and Payment History • Credit Scores and Credit History All financial companies need to share customers’ personal information to run their everyday business.

  • End User will request Credit Scores only for End User’s exclusive use.

  • This information can include: • Social Security Number and income • Account Balances and payment history • Credit History and Credit Scores When you are no longer our customer, we continue to share your information as described in this notice.

  • This information can include: ◼ Social Security number and income ◼ Account Balances and Payment History ◼ Credit History and Credit Scores When you are no longer our customer, we continue to share your information as described in this notice.

  • PJMSettlement will consistently apply the measures it uses in determining Credit Scores.

  • The Servicing Administrator shall order Credit Scores quarterly and shall provide such Credit Scores to the Purchaser or its designee on a quarterly basis.

  • This information can include:  Social Security number and income  Account Balances and Payment History  Credit History and Credit Scores When you are no longer our customer, we continue to share your information as described in this notice.

  • Truffle Money enables Consumers of Varied Backgrounds and Credit Scores get access to Credit in a seamless way.


More Definitions of Credit Scores

Credit Scores. The credit score for each Loan shall be obtained in accordance with the related originator’s underwriting guidelines. In cases in which one credit score was obtained for purposes of origination, that shall be the credit score. If two credit bureau scores were obtained, the Credit Score will be the lower score. If three credit bureau scores were obtained, the Credit Score will be the middle of the three. When there is more than one applicant, the Credit Score of the applicant with the higher income will be used. There is only one (1) score for any Loan regardless of the number of borrowers and/or applicants.
Credit Scores. With respect to the Mortgage Loans, statistical credit scores obtained by mortgage lenders in connection with the loan application to help assess a borrower's creditworthiness. CUSTODIAN: BNY Western Trust Company, a California corporation, or any replacement Custodian named by the Indenture Trustee and approved by the Insurer on prior written notice to the Servicer, the Sponsor, the Issuer and the Insurer. CUT-OFF DATE: April 24, 2003.

Related to Credit Scores

  • Credit Score means a composite numerical score scaled from 0-100 as calculated by PJMSettlement that incorporates various predictors of creditworthiness.

  • Credit Rating Agency means a nationally recognized credit rating agency that evaluates the financial condition of issuers of debt instruments and then assigns a rating that reflects its assessment of the issuer’s ability to make debt payments.

  • Credit Rating means, with respect to any entity, the rating then assigned to such entity’s unsecured, senior long-term debt obligations (not supported by third party credit enhancements) or if such entity does not have a rating for its senior unsecured long-term debt, then the rating then assigned to such entity as an issuer rating by S&P, Moody’s or any other rating agency agreed by the Parties as set forth in the Cover Sheet.

  • Highest Credit Rating Available The highest rating category (disregarding any plus or minus or any numerical or other subcategory) of any Rating Agency. Holders: With respect to the Trust Fund, all of the Certificateholders of REMIC Certificates. With respect to the Lower Tier REMIC, the RL Class Certificateholder and the Trustee, as the case may be, as holders of the Lower Tier Interests.

  • Investment Grade Credit Rating means (a) with respect to Fitch, a credit rating of BBB- or higher, (b) with respect to ▇▇▇▇▇’▇, a credit rating of Baa3 or higher and (c) with respect to S&P, a credit rating of BBB- or higher.