Trended Credit Data
Understanding Trended Credit Data
The New Industry Standard
A Smarter Analysis of the Borrower’s Credit History
Beginning with the release of Desktop Underwriter™ (DU) 10.0 (date TBD), Fannie Mae®
will require trended credit data in the underwriting process. Trended credit data tracks a
consumer’s use of credit for two years, giving a more in-depth analysis of the borrower’s
credit history and payment trends. This historical data enables lenders to more accurately
assess the risk associated with a borrower by showing payment patterns, spending patterns,
and frequency of opening and closing accounts.
• Trended credit data will be required when submitting loans through Desktop
Underwriter® (DU®) Version 10.0.
• They will only use the trended credit data on revolving credit card accounts for the
most recent 24 months’ payment history.
• Trended credit data is currently only available from Equifax® and TransUnion®.
According to Fannie Mae, trended credit data will:
Improve the accuracy of DU’s credit risk assessment.
Benefit borrowers who regularly pay off their
revolving debt.
877.284.8322 | [email protected] | www.cbcinnovis.com
3
BRCLYSBANKDE
#XXXXXXX1111
06/16
06/16
07/08
10000
9821
0
V 182
REV 01
CREDIT CARD
TRU 01 (EFX,XPN)
82
0
0
0
111111111111
111111111111
Trended Credit Data
RPTD
SCHEDULED PMT
ACTUAL PMT
BALANCE
05/16
174
200
9368
04/16
176
180
9425
03/16
167
200
9175
02/16
173
212
9285
01/16
162
260
8710
12/15
146
150
8017
11/15
146
230
7834
10/15
146
200
7947
09/15
149
200
8032
08/15
151
148
8113
07/15
148
197
8095
06/15
137
170
7428
RPTD
SCHEDULED PMT
ACTUAL PMT
BALANCE
05/15
134
400
7319
04/15
136
1160
7058
03/15
148
1350
8109
02/15
172
164
9391
01/15
164
1550
8740
12/14
154
280
8688
11/14
141
225
7554
10/14
141
145
7712
09/14
145
200
7793
08/14
148
200
7924
07/14
148
250
8055
06/14
154
300
8236
Sample Tradeline
E
C
O
A
1
CREDITOR
ACCOUNT NO
BRCLYSBANKDE
ABC
BANK
#XXXXXXX1111
RPTD
LAST
ACT
OPND
LIMIT OR
HIGHEST
CREDIT
06/16
06/16
02/13
10000
PRESENT STATUS
HISTORICAL STATUS
BALANCE AMOUNT TERMS
TYPE/RATE
OWING PAST
PYMT AMT
VENDOR
DUE
9710
0
V 255
REV 01
CREDIT CARD
TRU 01 (EFX,XPN)
NO
MOS 30
60
90
HIST DAYS DAYS DAYS
REV
40
0
0
0
111111111111
111111111111
RPTD
SCHEDULED PMT
ACTUAL PMT
BALANCE
05/16
334
500
9192
04/16
257
250
9192
03/16
243
375
9027
02/16
246
225
9050
01/16
225
285
8254
12/15
204
200
7777
11/15
148
300
5396
10/15
138
132
5188
09/15
132
1860
4529
08/15
58
450
3274
07/15
32
340
1161
06/15
36
200
1273
RPTD
SCHEDULED PMT
ACTUAL PMT
BALANCE
05/15
34
500
1241
04/15
47
1600
1405
03/15
65
450
2247
02/15
97
63
3753
01/15
63
1950
1323
12/14
81
80
3009
11/14
71
100
2599
10/14
59
275
2170
09/14
39
600
1839
08/14
23
240
860
07/14
20
0
725
06/14
*Sample subject to change
HISTORICAL STATUS
PRESENT STATUS
E
C
O
A
1
1
CREDITOR
ACCOUNT NO
RPTD
LAST
ACT
OPND
LIMIT OR
HIGHEST
CREDIT
BROOKLYN LAW
#XXXXXXXXXXXX6600
Two rows display
12/09
12/09
10/06
0
CITI
#XXXXXXXX1111
06/16 05/16 02/14 8200
7434
FLEXIBLE SPENDING CREDIT CARD
CLOSED of
24 months
history (when available)
RPTD
SCHEDULED PMT
ACTUAL PMT
BALANCE
05/16
155
0
7526
04/16
167
0
7646
03/16
158
0
7634
02/16
155
0
7678
01/16
152
0
6888
NO
BALANCE AMOUNT TERMS
TYPE/RATE
MOS 30
60
90
OWING PAST
PYMT AMT
VENDOR
HIST DAYS DAYS DAYS
DUE
REV
0
0
120 M 50
INS 01
7
0
0
0
Trended credit
data information
EDUCATIONAL
LN
111111111
01
will displayTRU
below
the original
12/15
140
0
6890
PAGE 2
877.284.8322 | [email protected] | www.cbcinnovis.com
189
0
0
tradeline
V 157
REV 01
27
TRU 01 (EFX,XPN)
11/15
144
0
6965
10/15
151
0
7049
09/15
132
0
6042
08/15
145
0
6115
07/15
162
0
6193
0
0
0
111111111111
111111111111
06/15
133
450
5967
( 2 of 4 )