Ricardo Nunez Magana

In the wake of new FICO Score 10T data released by Fannie Mae and Freddie Mac, we examine its correlation with VantageScore 4.0 to evaluate mortgage borrower risk.

Using recently published GSE data, we update our estimate on how a three-score environment in mortgage credit risk impacts adverse selection.

What you need to know about VantageScore 4.0, including comparisons against Classic FICO and the impact on mortgage modeling.

With the availability and cost of credit heavily correlated with credit scores, we show how missing a mortgage payment leads to a lower FICO score.