FHLBank of New York expands credit access for underserved borrowersFHLBNY's adoption of VantageScore 4.0 enhances mortgage access, particularly for underserved homebuyers, by incorporating alternative data for credit evaluation.
Trade groups express concern to FHFA over historic credit dataTrade organizations express concerns to FHFA about inadequacy of VantageScore 4.0 historical dataset for market participants' needs.