Tagged: Credit Score

Move follows GSE policy shift, giving brokers visibility into both FICO and VantageScore

Equifax data shows fallout rising and score costs driving nearly half of credit report expense while VantageScore 4.0 introduces new competition

New GSE updates allow immediate use of VantageScore 4.0 and signal shift toward multi-score underwriting environment

Rule removes disparate impact standard, shifting focus to intentional discrimination and redefining compliance for lenders

A report from Experian finds that nearly half of U.S. renters expect to be ready for homeownership within four years, with Gen Z and millennials leading optimism as modern credit tools incorporating rent payment data aim to help overcome affordability

Christy Moss, CMB has joined FICO as vice president and mortgage/capital markets liaison, where she will help expand credit access and support the industry’s transition to modern scoring models

MISMO’s new guidance is designed for organizations using the MISMO reference model as they integrate next-generation credit scoring models into their systems

The program streamlines score access, enabling CIC to provide better FICO Score pricing to its customers

As per the GSE's latest Selling Guide Announcement, the minimum representative credit score requirement of 620 will be removed for new loan case files created on or after November 16, 2025

LendScore uses real-time cash flow data and unique account connection insights from the Plaid Network to provide lenders with an updated view of borrower risk