Lenders won’t be required to use the more inclusive FICO Score 10T and VantageScore 4.0 scoring models before next year, but several are already using them to expand the pool of borrowers.
Source: Inman News
New credit scores from FICO, VantageScore gaining traction
Published in Banking & Lending, Buyers Tools, credit scores, CrossCountry Mortgage, fannie mae, Federal Home Loan Bank of San Francisco, Federal Housing Finance Agency, FHFA, FICO Score 10T, freddie mac, Julie May, Mortgage, Movement Mortgage, Patelco Credit Union, Primis Mortgage Company, Regulations, Richard Wada, Teresa Bryce Bazemore and VantageScore 4.0
More from Banking & LendingMore posts in Banking & Lending »
- 8 reasons you should never recommend a 50-year mortgage
- Are 50-year mortgages an affordability fix or a time bomb?
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from Buyers ToolsMore posts in Buyers Tools »
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Offerpad home sales, acquisitions hit new low in Q3 2025
- Equifax cuts VantageScore 4.0 mortgage credit scores to $4.50
- Lenders getting a jump on higher 2026 conforming loan limits
- With fresh capital, Knock ups the limit on its bridge loans to $1M
More from credit scoresMore posts in credit scores »
- Love is blind, but FICO isn’t: Guiding couples with mismatched credit
- Fannie Mae and Freddie Mac are not accepting VantageScore 4.0
- Mortgage lenders ask for more guidance on VantageScore 4.0
- Fannie, Freddie ordered to accept new VantageScore 4.0 credit score
- Rollout of new mortgage credit scoring models pushed back
More from CrossCountry MortgageMore posts in CrossCountry Mortgage »
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Rocket Mortgage rolls out bullish $822,550 conforming loan limit
- LoanDepot revamps leadership as it fights steering allegations
- Gary Keller, Opendoor stock, one broker’s TikTok: Inman’s Top 5
- Rocket hires Viral Nation as first social media agency of record
More from fannie maeMore posts in fannie mae »
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
- Rising unemployment revives prospects for December rate cut
More from Federal Home Loan Bank of San FranciscoMore posts in Federal Home Loan Bank of San Francisco »
More from Federal Housing Finance AgencyMore posts in Federal Housing Finance Agency »
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
- Letitia James mortgage fraud case thrown out, but can be refiled
- ‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell
More from FHFAMore posts in FHFA »
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
- ‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell
- Pulte’s role in mortgage fraud indictment under scrutiny
More from FICO Score 10TMore posts in FICO Score 10T »
More from freddie macMore posts in freddie mac »
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
- DR Horton gets into AI mortgage tech with Tidalwave stake
- This week was all about NAR: Inman’s Top 5 stories
More from MortgageMore posts in Mortgage »
- Bayview merger positions Guild Mortgage for refinancing boom
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
More from Movement MortgageMore posts in Movement Mortgage »
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- LoanDepot revamps leadership as it fights steering allegations
- Rocket offering renters up to $5K in closing credits
- Figure now using OpenAI’s GPT to speed HELOC doc review process
- First-timers ‘significantly’ less satisfied with mortgage lenders
More from Patelco Credit UnionMore posts in Patelco Credit Union »
More from RegulationsMore posts in Regulations »
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Letitia James mortgage fraud case thrown out, but can be refiled
- Pulte’s role in mortgage fraud indictment under scrutiny
- Don’t merge Fannie and Freddie, says their biggest investor
- Fallout over Fed policymakers’ investments reshaping the board
More from VantageScore 4.0More posts in VantageScore 4.0 »
- ‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell
- Mortgage giants ‘very close’ to accepting new FICO score
- Why Fannie and Freddie still won’t accept more inclusive credit score
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
- Equifax cuts VantageScore 4.0 mortgage credit scores to $4.50
Be First to Comment