Premier Lending will use the new FICO 10 T scoring model for its nonconforming originations.

The Federal Home Loan Bank of San Francisco becomes the first FHLBank to allow members to use mortgage loans based on VantageScore 4.0 as collateral for advances.

The new partnership's benchmarks focus on the non-QM and prime-jumbo markets.

Logan Finance hires new chief of staff; Hometap tops $1 billion in HEI funded products; Primis Bank adopts FICO Score 10 T; LendSure announces new bridge loan product; A&D Mortgage offers leap year promotion.

CrossCountry Mortgage has agreed to exclusively use FICO 10-T scores for loans securitized through its CROSS shelf.

A coalition of most of the major mortgage industry participants says FHFA and the GSEs should be more transparent about how they assessed and validated the new credit score models.

Movement Mortgage is the first lender to announce that it will be using FICO Score 10-T for originating non-agency loans.

By the end of 2025, FHFA expects Fannie and Freddie to implement the use of FICO 10T and Vantage 4.0 into the mortgage process. Industry participants can expect a lot of hand-holding along the way.