Vantage 4.0 – Advantage Credit

Trended Data: A Look into Credit History

October 12, 2023 by Mindy Leisure Director of Rescoring Services

In October 2022 the Federal Housing Finance Authority (FHFA) announced approval for the use of the FICO 10T (released in 2020) and Vantage 4.0 (released in 2017) scoring models. Once rolled out these scoring models will replace the older scoring models currently used by the Government Sponsored Enterprises (GSEs) for mortgages. The FHFA believes the … Read more

Scoring Model Changes Are Coming

November 2, 2022 by Mindy Leisure Director of Rescoring Services

Last week the Federal Housing Finance Agency (FHFA) announced approval of FICO 10T (released January 2020) and Vantage 4.0 (released fall 2017) scoring models. Once rolled out, these will replace the older scoring models used today and that have been used for the last 20 years. According to the FHFA these new models will make … Read more