Critics argue that applying the same LLPA pricing grids to VS4 and Classic FICO will camouflage, but not eliminate, the added credit risk associated with the typically higher VS4 score.

There will soon be five separate credit scores applicable to mortgages, with varied ranges and outputs. (Includes data table.)

Lenders expect confusion if the GSEs haven’t implemented FICO 10T before FHA allows for use of the score in January.

The FHFA director’s predilection for conducting official business on X provides housing-finance advocates a unique opportunity to lobby him directly.

VantageScore 4.0 is now available to all Fannie Mae and Freddie Mac sellers. And FHFA Director Bill Pulte is pondering ending the tri-merge standard.

Fannie Mae has reportedly fired 10 senior executives, including senior vice presidents Mark Palim and Devang Doshi.

Trade groups agree that the reputational harm provision of the suspended counterparty program regulation is redundant.

New PMIERs tables assigning risk factors to loans based on credit scores and LTV ratios strongly resemble the GSEs’ LLPA tables.

More homebuyers are being forced to bring more cash, renegotiate the sale price or restructure their mortgage.

The Trump administration continues to pressure homebuilders to address affordability by focusing more on first-time homebuyers.