VantageScore has unveiled a pilot program for its latest credit-scoring model, VantageScore 4 Plus, designed for use by banks, fintech companies, and government lenders. This new model aims to offer a more comprehensive and accurate assessment of creditworthiness for borrowers, potentially revolutionizing the mortgage industry in the process.

Key elements of the text include:
– VantageScore’s release of VantageScore 4 Plus, a new credit-scoring model
– Target audience of banks, fintechs, and government lenders
– Pilot program offering more detailed and precise credit assessments
– Potential impact on the mortgage industry as a whole, with implications for lending standards and risk assessment.

You can read this full article at: required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.