FHFA Chief Pulte Orders Full Adoption of VantageScore at Fannie, Freddie

FICO Fair Isaac Corp

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1. 1Federal Housing Finance Agency Director Bill Pulte has directed Fannie Mae and Freddie Mac to approve the use of VantageScore by all lenders.
2. 2He wrote on X that the initial rollout already has 50 lenders originating loans, and ordered immediate full approval.
3. 3The Trump administration says it aims to boost competition in the mortgage credit-scoring market dominated by FICO and lower costs for homebuyers.

Source Reuters +1 · View original ↗

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