12 C.F.R. § 1254.2
For purposes of this part, the following definitions apply. Definitions of other terms may be found in 12 CFR part 1201 , General Definitions Applying to All Federal Housing Finance Agency Regulations.
Credit score means a numerical value or a categorization created by a third party derived from a statistical tool or modeling system used by a person who makes or arranges a loan to predict the likelihood of certain credit behaviors, including default.
Credit score model means a statistical tool or algorithm created by a third party used to produce a numerical value or categorization to predict the likelihood of certain credit behaviors.
Credit score model developer means any person with ownership rights in the intellectual property of a credit score model.
Days means calendar days.
Mortgage means a residential mortgage as that term is defined at 12 U.S.C. 1451(h) .
Person means an individual, sole proprietor, partnership, corporation, unincorporated association, trust, joint venture, pool, syndicate, organization, or other legal entity.
12 C.F.R. §1254.2