FHFA launches VantageScore 4.0 pilot; HUD signals FICO 10T for FHA
Federal agencies on Wednesday took steps to bring newer credit scoring models into the mortgage underwriting process, marking a significant shift in how borrower risk is evaluated. U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the adoption of FICO 10T and VantageScore 4.0 for Federal Housing Administration (FHA) loans in the […]
FHFA launches VantageScore 4.0 pilot; HUD signals FICO 10T for FHA Read More »