Equifax® said in a press release published October 8 that it will hold its VantageScore® 4.0 mortgage credit score at $1 through the end of 2028, extending a pricing commitment that previously ran through 2027. The company also announced Equifax Mortgage Score Select™, a new option that lets lenders and brokers pull an Equifax mortgage...
Weekly Real Estate News reported Oct. 1 that the Federal Housing Finance Agency is preparing to direct Fannie Mae and Freddie Mac to require mortgage lenders to pull credit data from two of the three national credit bureaus instead of all three, according to a person familiar with the plans cited by Bloomberg Law. FHFA has not formally...
In a post on X published September 28, FHFA Director Bill Pulte announced that Fannie Mae and Freddie Mac will combine their separate loan level pricing grids for FICO and VantageScore 4.0 into a single grid, with VantageScore now joining the existing FICO Classic pricing structure. Pulte did not set an effective date or publish a...
In a press release published September 29, TransUnion announced it will extend its mortgage pricing for VantageScore® 4.0 through December 2028, giving lenders, resellers, and other industry participants three more years of pricing certainty. Read the full announcement. VantageScore 4.0 will continue to be available for $0.99 per...
On its second quarter 2026 earnings call, held July 21, Equifax told investors it will keep its $1 price for the VantageScore 4.0 mortgage credit score in place at least through the end of 2027. You can find the earnings materials on Equifax's investor relations site. CEO Mark Begor said adoption is picking up as the FHFA opens the model...
On July 1, Fannie Mae and Freddie Mac published historical credit score data for FICO Score 10T and additional data for VantageScore 4.0. The two government sponsored enterprises say the release is meant to give lenders and analysts more transparency as the industry works through the move to newer credit score models.
In an FHFA news release, the agency shared updates on how newer credit score models will be introduced into mortgage underwriting. Lenders will have the ability to work with both VantageScore 4.0 and Classic FICO, with changes rolling out over time. A HousingWire article (subscription required) adds additional detail around how the...
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...
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.
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