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.

Mortgage Bankers Association CEO and President Bob Broeksmit outlined various options that could improve affordability.

The Housing Policy Council proposed bifurcation of servicing advances from MSRs to create a new source of collateral for servicers.

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.

Industry attorneys outlined compliance scenarios tied to joint ventures, marketing service agreements and employee arrangements.

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

The landmark housing bill is still a long way from impacting the actual housing market, according to experts.

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.

The think tank believes a smaller federal footprint in the mortgage market is the best way to lower prices and encourage homeownership.