New credit score pricing grids point to higher borrower costs, report shows
Analyses indicate the newly released pricing grids could make loans more expensive with VS 4.0
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Pulte says FHFA weighing bi-merge, single credit report
FHFA opens door to VantageScore for all lenders
FHA expected to keep Classic FICO as it adds new models in January
Lenders expect model consistency will be required at the loan level
Mortgage lenders weigh AI, alternative data and credit models
MISMO panelists cited rental and cash flow data, plus AI rules that may affect licensing and compliance
Mortgage insurers face larger safety net rule for VantageScore 4.0
Mortgage insurers will be required to keep a larger safety net for mortgages originated using VantageScore 4.0 than for comparable loans using Classic FICO, according to new guidance from the government-sponsored enterprises.
MISMO updates mortgage insurance data guide for VantageScore 4.0 and FICO 10T
MISMO updated its mortgage insurance data standards to support VantageScore 4.0 and FICO 10T, helping firms prepare for new credit models.
Secondary mortgage market waits for data, creates workarounds amid shift to alternative credit scores
In the secondary market, investors and credit rating agencies are awaiting additional performance data while developing workarounds to keep loans moving through the system.
Rocket Mortgage, Rocket Pro adopt VantageScore 4.0
Rocket began using VantageScore 4.0 with Classic FICO, as FHFA pilots the model and lenders delivered $10 million in loans to Freddie Mac.
UWM adds VantageScore alongside FICO for conventional loans
UWM will show FICO and VantageScore on no-cost credit reports for conventional loans, aligning with FHFA pilot plans.
The Gathering 2026: Mortgage execs debate the hidden risks of credit score reform
Mortgage industry executives say the shift to new credit score models and lender choice could raise mortgage delinquencies, reshape pricing grids at the government-sponsored enterprises (GSEs) and ultimately push costs back onto borrowers, even if the costs for scores fall on the front end.