TransUnion Applauds FHFA, HUD for Advancing VantageScore in Mortgage Lending
TransUnion applauds the FHFA and HUD for advancing the inclusion of VantageScore 4.0 in the U.S. mortgage market, a move aimed at driving affordable homeownership and fostering competition in credit scoring. To support this adoption, TransUnion announced 99-cent pricing for VantageScore 4.0 and projected nearly $1 billion in savings for the industry, alongside a free score simulator for prospective buyers.
Key figures
- Potential savings
- $1 billion
- Vantagescore price
- 99-cent
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