The Big Score: The Game of Credit Scoring

The Big Score: The Game of Credit Scoring

United Guaranty Corporation has introduced two new board games designed to teach the principles of mortgage financing for people new to the industry. The mortgage insurance company began selling “Deception Detection,” which covers the basics of fraud detection, and “The Big Score!,” a game that focuses on what’s involved in determining a loan applicant’s credit score.

The games can be used as learning tools by themselves or in conjunction with United Guaranty’s training seminars for mortgage professionals. Chris Hagan, assistant vice president for the company’s Mortgage Industry Training (MIT) department, said her team was looking for a way to enhance the learning environment for beginning loan originators, underwriters, and loan processors.

“When people are having a good time and there’s a spontaneous trading of ideas and information, they will learn more and retain the information longer,” she said. “The games seemed like a logical way to create this type of atmosphere.”

Although the games were designed for people new to mortgage financing, Hagan said more experienced professionals get a fun refresher course by playing the games, along with the opportunity to share their knowledge and experience with others.

With Deception Detection, players answer questions relating to types of fraud, safeguards, fraud indicators, and current topics relating to mortgage fraud. The Big Score! covers components of a consumer’s credit score, ways to raise a low credit score, the history of credit scoring, and the meaning of credit score ranges. Both games include background information and a list of resources players can refer to for more information.

“We hope these are the first in a series of educational games United Guaranty can provide to help teach the principles of mortgage financing,” Hagan said.

List Price: $ 129.00

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