FHFA Approves VantageScore 4.0 for Mortgages Delivered to GSEs


The Federal Housing Finance Agency (FHFA) has approved VantageScore’s VantageScore 4.0 for use by Fannie Mae and Freddie Mac (GSEs). It expands the scorable population through a combination of analytically and empirically driven innovations that will now allow approximately 37 million newly scorable consumers to have more equitable access to mortgages.

“Owning a home remains one of the most important ways Americans build wealth and financial security. FHFA’s action will enable millions more creditworthy Americans to have access to mortgages by using VantageScore’s more predictive credit score,” says Silvio Tavares, president and CEO of VantageScore.

Driven by a mission to develop highly predictive models, expand credit access and increase inclusivity by scoring more consumers, VantageScore has worked in collaboration with a cross-section of legislators, regulators and industry stakeholders in pursuit of a more fair and equitable mortgage industry since its founding in 2006.

“We would like to extend a sincere thanks to FHFA Acting Director Sandra Thompson, the FHFA and the GSEs for their leadership in undertaking this thorough process and the many advocates that, for over a decade, have elevated this important initiative,” adds Tavares. “We look forward to continuing to help industry stakeholders quickly and smoothly transition to VantageScore.”

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