The Federal Housing Finance Agency (FHFA) released historical credit score data held by Fannie Mae and Freddie Mac on July 1 to help facilitate industry adoption of VantageScore 4.0 and FICO 10T.
The data covers cover loans acquired the government-sponsored enterprises (GSEs) acquired between 2013 and 2025. Lenders will be able to use this data to test how the new models perform compared to the legacy Classic FICO model.
“Making this information available is a significant milestone that will help lenders, investors, and technology providers prepare for a successful transition to a fully modernized credit scoring framework,” Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit said in a statement.
Fannie Mae and Freddie Mac began accepting VantageScore 4.0 and FICO Score 10T from approved lenders in April, during a “limited rollout” period intended to help ensure operational readiness before making the modernized credit score framework broadly available.
Broeksmit thanked FHFA Director Bill Pulte for his leadership and encouraged continued collaboration among all industry participants to complete the remaining necessary reviews by lenders VantageScore 4.0 and FICO 10T broadly available.
“Doing so will give lenders greater flexibility while providing borrowers with the benefits of using either of the two validated, more predictive credit scoring models, which should score more consumers accurately and expand sustainable access to homeownership,” Broeksmit said.
MBA has been adamite in its advocacy for additional credit scoring policy reforms, particularly in favor of moving from away from the existing tri-merge requirement to a “modernized” bi-merge or a “single pull” framework.
Broeksmit has repeatedly asserted such changes would increase competition and lower costs for consumers. MBA has also continually urged Fannie Mae and Freddie Mac to adopt a single report option for GSE borrowers with strong credit profiles.