FICO Clause Samples
FICO. Except as set forth on the related Purchase Price and Terms Agreement, each Mortgage Loan has a valid and original FICO of not less than 580;
FICO. As of any date of determination, the credit score for the applicable Obligor using the Fair, ▇▇▇▇▇ & Co. FICO Auto Version 3.0 methodology, as provided to the Originator by Experian or such other version as approved by the Administrative Agent, which except for Receivables included in the Collateral as of the initial Funding Date, shall not, without the consent of the Administrative Agent, have been obtained more than 30 days prior to the applicable Contract Date.
FICO. Each Conforming Mortgage Loan has a FICO score of at least 550 and each Jumbo Mortgage Loan has a FICO score of at least 720.
FICO. No Mortgage Loan has a FICO score below the requirement set forth in the Pricing Side Letter.
FICO. Except as otherwise approved in writing by Buyer, no Mortgagor in respect of an Underlying Mortgage Loan has a FICO score below (i) if such Underlying Mortgage Loan is a Non-Agency Mortgage Loan that is not a Qualifying High LTV Mortgage Loan,[***], (ii) if such Underlying Mortgage Loan is a Qualifying High LTV Mortgage Loan, [***], (iii) if such Underlying Mortgage Loan is a Qualifying Low FICO Mortgage Loan, [***], or (iv) if such Underlying Mortgage Loan is an Agency Mortgage Loan or a Government Loan, [***].
FICO. The credit scoring system used by Fair ▇▇▇▇▇ and Company.