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There are, however, compensating factors.
Whatever the compensating factors are, you absolutely need them.
It is no longer a strictly scientific measurement, but takes into account compensating factors.
If they've got a weak FICO, they need strong compensating factors to counterbalance the credit-score deficiency.
In June, for instance, Fannie Mae, the nation's largest mortgage buyer, said that borrowers whose existing debt exceeded 45 to 50 percent of their income would be required to have stronger "compensating" factors, which might include higher savings.
Instead, if Fannie Mae's and Freddie Mac's automated underwriting systems accept the application — say you've got a relatively low credit score but strong compensating factors such as solid income, ample reserves and a large-enough down payment — the bank won't say no to you solely because of the low score.
Similar(45)
At the news conference, Mr. Pauly echoed Mr. Klein's concern about the loss of Japan as a compensating factor, and expressed concerns about disappointing trends for Europe.
The actors of economics have long recognized that in regions where there is a lack of economic and natural science innovation, social innovation can be a compensating factor.
On the other hand, there is a compensating factor.
This reflects the ∼600-fold greater sensitivity of the L-cones compared to the rods for long wavelength light and a roughly equal compensating factor for the higher gain of rod-mediated signals.
Such breathing efforts were connected with an increase of mean BP, which proved to be the principal compensating factor in response to this cardio-respiratory failure, and supported generation of peak tracheal pressure [ 74, 75].
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