Fannie Mae, Freddie Mac to Accept New Credit Score Models From Mortgage Applicants

At a press conference on Wednesday, April 22 (attended virtually by RISMedia), Director of the Federal Housing Finance Agency (FHFA) Bill Pulte and Housing and Urban Development (HUD) Secretary Scott Turner announced that “effective immediately,” government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac will begin accepting new credit scores, VantageScore 4.0 and FICO 10T, for…

The post Fannie Mae, Freddie Mac to Accept New Credit Score Models From Mortgage Applicants appeared first on RISMedia.

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