FHFA accepted alternative credit scoring models, including FICO Score 10T, while the Trump administration directed CFPB to cut mortgage cost drivers.
4 reports, 3 independent
Updated Sep 14
Gone quiet
- Reports
- 4
- Developments
- 3
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
FHFA accepted alternative credit scoring models, including FICO Score 10T, while the Trump administration directed CFPB to cut mortgage cost drivers.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.FHFA approved a new scoring standard, intensifying competition for FICO.1 source
- FHFA directs adoption of a new model to modernize credit risk assessment and utilize the new risk evaluation framework.Sub-event
FHFA adopts new FICO scoring model; Trump administration directs CFPB to reduce mortgage costs.1 source
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The entities involved
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FICO
company
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Federal Housing Finance Agency
U.S. federal agency
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Consumer Financial Protection Bureau
agency of the United States government responsible for consumer protection in the financial sector
Related events
- FHFA allowed alternative credit scores for Fannie Mae and Freddie Mac, while Bill Pulte criticized FICO's recent price increases.
- FHFA introduced new public disclosure requirements for Fannie Mae and Freddie Mac.
- FHFA placed Fannie Mae under conservatorship on September 7, 2026.
- The Federal Housing Finance Agency (FHFA) is tracking housing price trends in Hawaii, Alaska, and includes market analysis for the District of Columbia.
- FICO, Experian, and Equifax collaborated on credit scoring standards and contributed to credit scoring models.