Author Topic: So now it seems the Folio Loans have finally started to dry up....  (Read 6165 times)

fliphusker

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Re: So now it seems the Folio Loans have finally started to dry up....
« Reply #15 on: April 14, 2017, 01:10:55 PM »
That was going to be my assumption as they are simply going off of LC info. And until LC views IGP notes as actually late, that would not change.
That along with a sudden drop in FICO score, but still remaining up, is the whole reason I could never go automated on FOLIO. As I hand pick notes, I see recent IGP listed all the time as never late. The thing that I see a lot is that the IGP did not happen some time back, it is usually quite recent. The IGP that is listed as never late is not a very big percentage, would I say 5%? Maybe.
I know that hand picking notes is not realistic for you with your volume.