The idea of “lender choice”, or the insinuation that mortgage lenders will choose the credit score that allows them to originate more mortgages, relies on the myth of adverse selection. This concept assumes a level of discretion and disorder that simply does not reflect how the current (or future) mortgage market operates. 

The false underlying premise is that lenders will freely game credit scores because mortgage lenders now have a choice between using the outdated FICO Classic credit score and the newer, more predictive VantageScore 4.0 credit score. That false conclusion rests on the premise that there are no governing details ⇒

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