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fromwww.housingwire.com
1 week ago

Mortgage insurer trade group commits to VantageScore 4.0 implementation

In a blog post published on Wednesday, the trade group said that it welcomed FHFA Director Bill Pulte's July announcement that Fannie Mae and Freddie Mac would immediately begin accepting loans that used the VantageScore 4.0 algorithm. Additionally, the USMI reassured the FHFA that its members would be ready to accept loans that used VantageScore 4.0 in accordance with the [government-sponsored enterprises] timelines and guidance.
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