The Federal Housing Finance Agency (FHFA) recently issued a Request for Input to obtain feedback about the operational and competition considerations of changing Fannie Mae and Freddie Mac’s current credit score requirements.
The RFI provides background information about how credit scores are used by the government-sponsored enterprises (GSEs) and the mortgage industry, which credit score models the FHFA and the enterprises are evaluating and which models are under consideration.
Find out more information about what the agency has determined and what type of input is hoping to receive.