The CUPP | Episode 21: Credit score competition with VantageScore’s Tony Hutchinson
Join VantageScore’s Senior Vice President of Industry & Government Relations for a discussion about credit scores, the Federal Housing Finance Agency’s (FHFA) initiative to validate and incorporate new credit score models and credit report requirements into the housing finance market, and what to expect from this shift.
Key Takeaways
- Discover the history of introducing alternative credit score models and credit report requirements into the housing finance market and the FHFA’s rulemaking.
- Understand the potential benefits and concerns of these new credit score and credit report requirements.
- Learn about the implementation timeline for these changes and strategies to help your credit union prepare.