The mortgage industry’s standards body is adding three executives with unusually direct stakes in one of the business’s biggest technology transitions: how lenders measure credit risk, exchange borrower data and govern the growing use of automation. MISMO...
VantageScore has announced the Federal Housing Administration (FHA) will begin accepting mortgage collateral backed by its VantageScore 4.0 credit scoring model starting on Jan. 1, 2027. The announcement follows this week’s declaration by Federal Housing Finance...
Federal Housing Finance Agency Director Bill Pulte announced the opening of VantageScore to all government-sponsored enterprise (GSE) lenders. “Good News for American Homebuyers!” wrote Pulte on his personal X account. “Effective Today, in the interest of...
Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), has announced new and planned updates to the credit rating system. In a series of tweets on his personal X account, Pulte took aim at the three major credit bureaus while continuing his...
Federal Housing Finance Agency (FHFA) Director Bill Pulte is claiming “moneyed corporations” and members of the mainstream media are working to prevent his agency’s agenda. In a post to his personal X account, Pulte shared a portion of an email from Matt Birkbeck,...