General World News

VantageScore unveils mortgage resources to ease the transition to 4.0 credit model

In preparation for widespread credit scoring changes, leading credit-score and data analytics company VantageScore has launched a Mortgage Resource Center to support lenders transitioning to the VantageScore 4.0 credit model.

The new resource provides tools and guidance to facilitate integration and aligns with the growing adoption of VantageScore 4.0 by a number of industry players. These include the U.S. Department of Veterans Affairs (VA) and the Federal Home Loan Banks (FHLBs) in New York, Chicago and San Francisco.

The initiative comes as the mortgage industry prepares for mandatory adoption of VantageScore 4.0 by October 2025, as required by details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com