While VantageScore has been making its case at investor events focused on publicly traded companies, its CEO says there's no need for the credit scoring company to go public.
Homebase is available to MBA members at an annual subscription fee of $150 and to non-members for $300. The platform offers continuing education coursework, coaching, community engagement and advocacy opportunities.
The new tool applies certain simulated actions that borrowers can do to increase their scores and returns the projected VantageScore 4.0 credit score based on the actual credit model algorithm.
First Horizon opted to sell mortgages with low interest rates at a loss due to the limited utility the bank saw from the loans, according to Hope Dmuchowski, a senior executive vice president and chief financial officer at the bank.
A tool for annual financial reports now pre-populates information for issuers, changing a three-hour process to a 15-minute process, based on two issuers’ anecdotes.