Bob Broeksmit, president and CEO of the Mortgage Bankers Association, said it remains to be seen if FICO's move will result in materially lower costs.

FHA and VA mortgages tend to have sharply different prepayment rates but they're put together in Ginnie MBS, potentially penalizing FHA borrowers.

FHFA Director Bill Pulte said credit bureaus and VantageScore should follow FICO and take creative and constructive actions.

Some lenders are consistently avoiding delivering certain GSE-eligible mortgages to Fannie Mae or Freddie Mac.

FHA and the GSEs stressed lending and servicing options for individuals facing an employment furlough.

The Supreme Court’s brief order stated that it plans oral arguments on the matter in January.

FICO said its new credit score acquisition option could save lenders up to 50% on certain costs for credit scores.

Publicly-traded mortgage companies saw increases in earnings from both lending and servicing during the second quarter of 2025.

Some lending operations will continue as usual, though authority to write new policies under the NFIP expired.

Goals for acquisitions of purchase mortgages for low-income borrowers would be reduced under the proposal.