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CIS has announced TrendScape, a CreditXpert report, that is now available with mortgage credit.
“TrendScape simplifies trended data,” said Nancy Fedich, CEO of CIS. “Providing TrendScape to our clients helps them understand the details of trended data in a summarized, one-page snapshot, delivered instantly on each applicant.”
TrendScape describes revolving balance movement, clarifying if the applicant’s debt-level is static, increasing or decreasing, an important risk-factor revealed by trended data. In addition, a summary of payment behavior on revolving and installment accounts is shown, another component of trended data, uncovering the applicant’s tendency to pay extra, pay the minimum amount or pay account balances in full.
“At CIS, we are celebrating 30 years in business in 2016, a milestone that has been fueled by CIS leading the industry with products and services that address dynamic client need and market challenges,” said Fedich. “The TrendScape integration is an example of that leadership.”