Credit score wars: The FICO-VantageScore rivalry heats up

FICO and VantageScore released competing studies of the companies’ credit scoring models
FHFA answers questions on VantageScore rollout, policy updates

Director Bill Pulte shared an FAQ on social media about the ‘interim phase’ of the initiative
FHFA head cites unspecified reports Powell is considering resigning

Bill Pulte said the ‘economy will boom’ if Jerome Powell steps down as Fed chair
FHFA alleges FICO used intimidation tactics following VantageScore 4.0 rollout

The VantageScore credit scoring model provides an alternative to the FICO score
Fannie Mae’s title waiver pilot program gets second vendor

Westcor joins Doma as title insurance companies working with Fannie Mae
Fannie and Freddie to allow VantageScore 4.0 for mortgage credit checks

FHFA Director Bill Pulte wrote that the move ‘changes mortgages FOREVER’
Fed’s Powell pens letter addressing office renovation uproar

FHFA head Bill Pulte questioned the timing of the Fed chair’s letter to Sen. Tim Scott
FHFA’s Pulte accuses Fed Chair Powell of lying to Congress, calls for investigation

Bill Pulte, in a blazing rebuke, said Jerome Powell should be removed from office
Fannie and Freddie jointly launch U.S. Fin Tech, replacing CSS

The new entity takes over a $6.5 trillion mortgage-backed securities portfolio
Use of cryptocurrencies for loan assessments: ‘What could possibly go wrong?’

Industry experts liken crypto to ‘poker chips’ and draw comparisons to the 2007 housing market crash