Do you work at FICO? Claim your profile
Following FHFA announcement Tuesday, doubts arise regarding potential changes that may be needed to move to VantageScore credit scoring
Lenders will keep tri-merge credit scoring model; what this shift means
FICO is ‘the only real competitor’ in credit scoring, U.S. Sen. Hawley argues, and antitrust scrutiny ‘is warranted’
Despite industry-wide hesitancy, the leading loan trading platform plans to complete integration by mid-2025
Comprised of VA loans, the pool offers proof of concept for changes to be required by the FHFA by late 2025.
Panelists at MBA's annual event agree GSEs have neglected to facilitate mandatory adoption of new credit scoring models, set to take effect in the fourth quarter of 2025.
