Despite concerns from housing and mortgage industry trade groups, the Federal Housing Finance Agency (FHFA) on Thursday announced the release of VantageScore 4.0 historic credit data, a step that is designed to ease the transition to new credit reporting requirements by the end of next year.
The datasets released Wednesday are tied to single-family mortgages purchased by Fannie Mae and Freddie Mac from April 2013 through March 2023. The FHFA said in its announcement that it aims to “provide market participants the ability to better analyze and understand the new credit score models that have been validated and approved for use by the details ⇒
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