Trump FHFA Director Bill Pulte announces he is QUASHING the FICO monopoly over American homebuyers — effective immediately, Fannie and Freddie will approve all lenders using VantageScore
"Since 2020, FICO has increased the price per a person’s credit score by 1,800%. FICO has enjoyed a monopoly. No more."
"Fannie and Freddie’s initial rollout of VantageScore has been incredibly successful, with 50 LENDERS DELIVERING LOANS."
"So, EFFECTIVE IMMEDIATELY, I’m instructing Fannie and Freddie to approve ALL lenders to use VantageScore." 🔥
Eric Daugherty
