Skip to main content

CIS Releases New Trended Data Offering

Jul 22, 2016

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.”

About the author
Published
Jul 22, 2016
More from
Tech
Flagstar Fined $3.5M For Misleading Statements After 2021 Cyberattack

The SEC issued a hefty penalty and cease-and-desist order, barring future misleading statements

Dec 20, 2024
The Mortgage Industry’s Cyber Blind Spot

As new cybersecurity regulations take effect, smaller companies lack visibility into their own organizations

Dec 16, 2024
Majority Of Homebuyers Have Concerns About Lender AI

60% of survey respondents said lender AI is a deal-breaker, Cloudvirga reports

Oct 23, 2024
Acrisure Welcomes Chief People Officer

Robin Benoit, who has served in an interim capacity since March 2024, takes on the role.

Sep 26, 2024
Simplist Technologies Officially Launches Sonar After Lengthy Beta Period

Sonar beta tested with over 200 lenders over the past year and a half.

Sep 25, 2024
ICE Expands Credit Dispute Processing For Mortgage Servicers

ICE Credit Bureau Management automates credit disputes, helping servicers meet 30-day reporting deadlines.

Sep 24, 2024