A new analysis finds the FHFA’s decision to allow VantageScore in conforming mortgages could save lenders and borrowers approximately $650 million annually while expanding credit access to millions of additional consumers
According to an analysis of more than 600,000 U.S. renters performed by VantageScore, scores of American adult renters could become eligible for a mortgage by incorporating on-time rental payments into their credit reports
During a panel discussion at the MBA Annual Conference, a slate of experts focused on trends in credit scoring, and how recent pricing changes are impacting the mortgage space
