FHFA said lenders can now use VantageScore 4.0 when underwriting GSE loans. It’s not clear, though, if the mortgage industry is ready to take advantage of the opportunity.

The One Big Beautiful Bill included a plethora of tax breaks for individuals and businesses. The bill also sharply reduced the CFPB’s budget.

Originations of new HELOC commitments and closed-end second liens ticked up by 2.1% in the first quarter of 2025 compared with the previous quarter. Bank of America lost its spot as the top HEL lender. (Includes three data tables.)