FHFA Director Bill Pulte ordered the mortgage giants to start using VantageScore 4.0 in July. But adoption is a 'complex, technical and arcane' process that could drag into next year
Truework joins Blend, Equifax Mortgage Solutions and Finicity as third-party vendors currently authorized by Fannie Mae as income and employment validation report suppliers
Consistent rent payments can boost prospects of borrowers with thin credit files
GSE moves away from credit risk storage, rolls out new Desktop Underwriter features and other tools intended to help lenders more easily assess borrower creditworthiness