Mortgage giants allegedly weren’t informed in advance that they’d be required to accept VantageScore 4.0, and lenders have lots of questions about how the new process will work.
Source: Inman News
New rules for Fannie, Freddie credit scoring are stumping lenders
Published in Banking & Lending, Bill Pulte, Bob Broeksmit, Christopher Whalen, credit scoring, Equifax, experian, Fair Isaac, fannie mae, Federal Housing Finance Agency, FHFA, FICO Score 10 T, freddie mac, Loan Level Pricing Adjustments, Mortgage, mortgage bankers association, mortgage qualification, mortgage underwriting, national association of realtors, Regulations, Select, Transition Table, TransUnion, Tri-merge reporting, trump, vantagescore, VantageScore 4.0, Whalen Global Advisors and Whalen Global Advisors LLC
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