The FHFA has made a significant announcement concerning the release of VantageScore 4.0 historic credit data, despite pushback from industry trade groups. This move aims to facilitate a smooth transition to new credit reporting requirements by the end of next year.
Key points from the announcement include:
– FHFA’s decision to release VantageScore 4.0 historic credit data
– Industry trade groups expressing concerns about the move
– The goal of easing the transition to new credit reporting requirements by the end of next year
You can read this full article at: https://www.housingwire.com/articles/fhfa-releases-vantagescore-historic-data-to-prepare-for-new-credit-reporting-requirements/(subscription required)
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