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Scottsman Guide

Tag: Government-Sponsored Enterprises

Credit score wars: The FICO-VantageScore rivalry heats up

VantageScore vs. FICO heats up as FHFA greenlights new credit model for loans eligible for purchase by Fannie Mae and Freddie Mac.

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

Fannie Mae and Freddie Mac will allow lenders to use VantageScore 4.0, a tri-bureau credit scoring model from VantageScore Solutions

FHFA Director Bill Pulte wrote that the move ‘changes mortgages FOREVER’

Fed’s Powell pens letter addressing office renovation uproar

Cost overruns for the Federal Reserve’s multibillion-dollar office renovation continue to haunt Fed Chair Jerome Powell

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

Fannie Mae and Freddie Mac launch U.S. Fin Tech to take over a $6.5 trillion mortgage-backed securities portfolio

The new entity takes over a $6.5 trillion mortgage-backed securities portfolio

Use of cryptocurrencies for loan assessments: ‘What could possibly go wrong?’

Veteran industry analysts were critical of the news that Fannie Mae and Freddie Mac may begin considering cryptocurrency assets for single-family loan risk assessments.

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

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