Archive for November 2022
Federal Housing Finance Agency approves new credit score models
Newly approved models will improve accuracy, strengthen access to credit, and enhance safety and soundness On October 24, 2022, the Federal Housing Finance Agency (FHFA) announced the validation and approval of new credit score models for use by Fannie Mae and Freddie Mac (the Enterprises). The new models are known as the FICO 10T and…
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