Fannie Mae and Freddie Mac published historical FICO Score 10T data on Wednesday as part of Federal Housing Finance Agency (FHFA) efforts to increase competition in the highly concentrated credit scoring industry.
The government-sponsored enterprises (GSEs), which have been under the FHFA's conservatorship since 2008, also released additional historical VantageScore 4.0 data, “enabling industry stakeholders to better analyze and support the credit score model transition,” a spokesperson for Freddie Mac said in an email to Scotsman Guide.
“We’re eager for market participants to dig into the data to independently validate the strength of the model and see how its use can expand access for borrowers while supporting a more resilient housi...