In the days following the announcement that VantageScore 4.0 was suddenly in play for conventional mortgages, FinLocker‘s Brian Vieaux had to burst some bubbles.

Most of the 15 to 20 loan officers he spoke to were ecstatic about being able to use the new credit scoring model. Millions of new prospective borrowers could be scored with VantageScore, they said. That’s opportunity in a down market.

“I was like, ‘OK, guys, totally agree. If you can wave a magic wand and tomorrow — in your point of sale and your LOS, and the underwriting engines and all the technologies details ⇒

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