Newrez originated roughly $10 million in mortgages scored with VantageScore 4.0 that Freddie Mac has now securitized, the company announced Friday. The move is part of a pilot that helped federal housing agencies greenlight wider use of modern credit scores. 

Newrez, a top-five mortgage lender and servicer, said that its “loan delivery limited engagement” with Freddie Mac demonstrated that VantageScore 4.0 can be used end-to-end for loans delivered to a government-sponsored enterprise (GSE). 

Other lenders are expected to follow suit. On Wednesday, Federal Housing Finance Agency (FHFA) Director Bill Pulte announced the pilot program that will allow details ⇒

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