FHFA Clarifies Key VantageScore 4.0 Implementation Questions

FHFA clarifies key VantageScore 4.0 implementation questions

Mortgage industry professionals had more questions than answers following last week’s bombshell announcement that the government-sponsored enterprises Fannie Mae and Freddie Mac have approved the use of VantageScore 4.0, a new credit scoring model. A week after the initial announcement, Federal Housing Finance Agency (FHFA) Director Bill Pulte answered several key questions. In an FAQ letter posted Tuesday on social media platform X, Pulte said …

Credit Downgrade Fuels New Challenges for U.S. Housing Market - Boston Real Estate Investors Association

Credit Downgrade Fuels New Challenges for U.S. Housing Market In recent months, the U.S. housing market, a crucial component of the nation’s economic engine, has found itself entangled in new challenges, driven significantly by a credit downgrade that has shaken investor confidence. This downgrade, emerging amidst broader economic uncertainties, poses short- and long-term repercussions for […] The post Credit Downgrade Fuels New Challenges for U…