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That doesn't make sense. A credit card provider may profit more from a customer who carries a balance and maybe makes the odd late payment, but a mortgage provider inherently has a customer who carries a balance, and the ideal is a customer who makes payments on time every time, for the life of the mortgage.

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There's sense in what you say and that's one reason why different scores are sometimes used for mortgages vs CCs etc. But one could also imagine ways in which zero risk creditors might be less desirable to mortgage lenders. They might be more likely to prepay the loan or refinance quickly and stop making those interest payments prematurely. I payed mine off massively early due to some good fortune - wonder if the mortgage company was annoyed they went through the laborious process of approving the loan and only got a few years out of it.

Fair point. It's a sorry state of afairs when you have to speculatively reverse engineer the algorithms run by a state-sanctioned oligopoly of private firms holding your own data gathered with, at best, coerced consent, and artificially structure your affairs in an attempt to present yourself as a dependable and unadventurous cash cow

You accurately, amusingly, and concisely articulated the situation. In a way that underscores the absurdity of it.

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