Experian Supports Industry Readiness Following FHFA and FHA Move Toward VantageScore 4.0 in Mortgage Origination
EXPERIAN PLC S/ADR (EXPGY)
NASDAQ:AMEX Investor Relations:
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Source: Business Wire
COSTA MESA, Calif.--(BUSINESS WIRE)--Following the Federal Housing and Finance Agency (FHFA) and the Federal Housing Administration’s (FHA) move to support the expanded use of VantageScore 4.0 in mortgage origination, Experian today reaffirmed its readiness to help lenders, investors and industry stakeholders evaluate and operationalize the shift.As the industry evaluates this shift, the focus turns to understanding real-world impact across risk, performance and opportunity. Experian is actively supporting this transition with capabilities that enable faster analysis, validation and execution.“We are encouraged by the announcement today from Secretary Turner and Director Pulte. FHFA and FHA’s direction marks an important step forward for the mortgage ecosystem,” said Michele Bodda, President of Employer Services, Verification Solutions and Housing at Experian. “This moment creates a clear path to demonstrate the real-world performance of VantageScore 4.0 at scale. Experian continu
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