Home/Industry News

Credit Score Models

Credit

Fannie Mae removes minimum credit score requirements from DU

In 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...

Nov 7, 2025
Credit Score Models

Credit Bureaus Issue Statements Following FICO’s New Mortgage Pricing Announcement

Following FICO’s recent announcement of a new direct licensing model and updated pricing for mortgage credit scores, all three national credit bureaus—Equifax, Experian, and TransUnion—have released statements outlining their respective responses and updated offerings for lenders.

Oct 17, 2025
Credit

Lenders Get More Clarity on VantageScore 4.0 Rollout

Published: July 15, 2025Source: HousingWire article by James Kleimann

Jul 16, 2025
Credit

FHFA Greenlights Immediate Use of VantageScore 4.0

In a HousingWire article published July 15, FHFA Director Bill Pulte announced that both Fannie Mae and Freddie Mac will immediately accept loans underwritten with VantageScore 4.0, giving lenders a choice between the newer model and the traditional Classic FICO. Key Points: VantageScore 4.0 is now an approved option for mortgage underwriting.

Jul 10, 2025