US official directs Fannie Mae and Freddie Mac to approve VantageScore for all lenders
A U.S. official directed Fannie Mae and Freddie Mac to approve all lenders to use credit scoring system VantageScore, expanding its rollout beyond initial use.
By Kanishka SinghU.S.
Director of Federal Housing Bill Pulte said on Thursday he directed Fannie Mae and Freddie Mac, created by the U.S.
Congress to support the housing market, to approve all lenders to use credit scoring system VantageScore."Fannie and Freddie's initial rollout of VantageScore ha…