Credit unions servicing a significant number of mortgages might benefit from a new tool to help determine which mortgage holders were at the highest risk for choosing to default, FICO said.

Strategic defaults have become a significant problem for mortgage servicers and holders and particularly for FICO, parent of the FICO credit score. Research has shown that the borrowers most likely to walk away from their mortgage loans tend to be otherwise sterling examples of good credit and money management practices.

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