FHFA allowed alternative credit scores for Fannie Mae and Freddie Mac, while Bill Pulte criticized FICO's recent price increases.
14 reports, 4 independent
Updated Oct 5
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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 allowed alternative credit scores for Fannie Mae and Freddie Mac, while Bill Pulte criticized FICO's recent price increases.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Bill Pulte accused Equifax of overcharging consumers, coinciding with FHFA discussions impacting credit bureau operations.Sub-event
FHFA moves to regulate credit bureau pricing, spurred by Pulte's advocacy for lower borrower costs.1 source
FHFA and FICO release historical FICO data as GSEs adopt new credit scoring models.1 source
- Pulte announced that Fannie Mae and Freddie Mac are exploring a second credit score, specifically VantageScore, as they move away from relying solely on FICO for underwriting.Sub-event
FHFA permits alternative scores for GSE loans; Pulte criticizes FICO pricing.1 source
Trump's mandate and FHFA policy changes spur competition in the mortgage credit scoring market, challenging FICO's dominance.1 source
Keep exploring
The entities involved
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FICO
company
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Bill Pulte
American philanthropist and executive
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Fannie Mae
government-backed financial services company
Related events
- FHFA Director Bill Pulte chairs the Fannie Mae and Freddie Mac boards and is the policy lever for the potential 2026 partial IPO of the GSEs.
- Fannie Mae and Freddie Mac aligned policies, while Bill Pulte changed rules allowing PMI cancellation for homeowners.
- Both Fannie Mae and Freddie Mac mandated new appraisal formats for loans on November 2, 2026.
- Bill Pulte, the Director of the FHFA, addressed Scott Bessent regarding the ongoing policy discussions about GSE purchases and the future of the agencies.
- Freddie Mac and Fannie Mae restrictions are reportedly impacting the mortgage and lending markets in Florida.
Coverage
Newest first; wire copies grouped- nationalmortgagenews.com
- housingwire.com
- housingwire.com
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- Motley FoolWhy Fair Isaac Corporation Fell This Week The FICO score inventor continues its war with the new administration's FHFA Director Bill Pulte. Pulte said this week that Fannie Mae and Freddie Mac will a
- CNN BusinessThe company behind your credit score is plunging on the stock market after a White House announcement Mortgage lenders will soon have a new way to assess borrowers applying for government-backed loan
- Unknown outlet