by Eric J. Ellman | Oct 2, 2026
An Oct. 1, 2026 Garris Horn made a blog post, Are You Ready for FHA’s New Credit Score Models? Moving to TOTAL 5.0. Here, the blog advises lenders to “[c]ontact [their] credit reporting and technology partners to confirm they can deliver V4 and 10T scores and...
by Eric J. Ellman | Sep 29, 2026
On Sept. 28, 2026, FHFA Director Bill Pulte returned to X to announce that Fannie and Freddie will use the same loan-level pricing adjustment grid for VantageScore and FICO. TD Cowen has the following take on the switch: This is effectively an across the board cut in...
by Eric J. Ellman | Sep 24, 2026
In a September 21, 2026 story in the American Banker, Bank of America concluded in a study that internal Fannie and Freddie scores could better predict loan performance than FICO or VantageScore. “We think the providing of the agency score is a timely, robust...
by Eric J. Ellman | Sep 14, 2026
In August 2026, Pew issued a report, Mortgage Lending Standards Are Too Tight. According to the report, Mortgage lending standards have remained tight overall since 2013. Although borrowers now take on more debt as a share of their income than ever before, they must...
