#fico-pricing

[ follow ]
#vantagescore-40 #mortgage-lending #trended-credit-data #credit-scoring
Business
fromwww.housingwire.com
1 week ago

Mortgage credit model overhaul: FICO 10T and VantageScore 4.0

FHFA approval of VantageScore 4.0 sparks mortgage credit competition, prompting FICO pricing changes while enabling lenders to assess borrowers using machine-learning and trended payment data.
fromwww.housingwire.com
1 month ago

Equifax cuts VantageScore 4.0 prices to compete with FICO

The shift comes as competition intensifies in the credit scoring market, driven by the Federal Housing Finance Agency (FHFA)'s decision to allow Fannie Mae and Freddie Mac to purchase loans underwritten with VantageScore 4.0 as an alternative to the Classic FICO score. VantageScore is jointly owned by the three national credit bureaus Equifax, TransUnion and Experian. Last week, FICO unveiled a new performance-based pricing model for its scores distributed through tri-merge resellers.
Business
[ Load more ]