Wall Street has become the latest camp to embrace credit scoring for mortgages. And banks whose loans are securitized stand to benefit.

Credit rating agencies like Standard & Poor's Corp. and Duff & Phelps are now considering credit scores when determining how pools of mortgages are likely to behave. When the pools score well, less financial support is needed to secure a desired rating. This translates into better prices for the mortgages that banks supply.

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