Data and document validation is more critical today than itâs ever been. Scrutiny by Fannie Mae and Freddie Mac is increasing as quality control timelines are shifting to earlier after loan purchase, reviews are becoming more comprehensive, and targeted sampling of loans based on risk attributes is expanding.
Credit Education Â» Credit Score Basics Â» What is a Good Credit Score. For a score with a range between 300-850, a credit score of 700 or above is generally considered good. A score of 800 or above on the same range is considered to be excellent. Most credit scores fall between 600 and 750.
In high school a 6 corresponds to 50% on an exam or in a course while in a public university, a 3 corresponds to a 60% in a course or exam. Grades of 10, 11, and 12 are considered excellent. Some private universities grade their students on a percentage basis, 60% or 70% being the passing grade. percentage over 90 is considered excellent; between 70-89 is considered to be 'first division'; between 50-69 is considered to be 'second division', between 40-49 is considered to be pass; though these terminologies and classifications depend on the 'board of education'.