FICO Moves to Bespoke Pricing for 2027 Mortgage Scores
In a press release published November 4, FICO reported fiscal fourth quarter 2026 results and said it is moving away from one published mortgage ...
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Written By Informative ResearchIn a Fannie Mae Selling Guide update released November 6, the agency announced that it will eliminate the minimum 620 credit score requirement from its Desktop Underwriter (DU) system starting November 16, 2025. The change is part of a broader update that also expands Day 1 Certainty offerings and revises documentation requirements for certain construction loans.
HousingWire (subscription required) covered the announcement, noting that the update is designed to broaden borrower access while raising new questions about how lenders will assess and price loans without a fixed credit score threshold.
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Our Take:
This is a big shift for lenders. Removing the credit score minimum means DU will rely more heavily on other borrower data points to assess risk. For borrowers with thin credit files, this could be a welcome change, opening new doors to homeownership. At Informative Research, we’ll be watching closely to see how DU’s new analysis method performs and what additional data may come into play especially as the industry continues exploring alternative credit measures.
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