FHFA/HUD Modernize Credit Scoring: Market Game-Changer? Joint FHFA/HUD Announced by Bill Pulte-Scott Turner on FICO 10T and VantageScore 4.0 for Fannie Mae and Freddie Mac (GSEs). FEA
In a move hailed by federal regulators at the Federal Housing Finance Agency (FHFA) and the U.S. Department of Housing and Urban Development (HUD) as a “new era of competition” (see their press release in Part I below), the FHFA Director William “Bill” Pulte and HUD Secretary Scott Turner announced […]