09/11/2026
🚨 MORTGAGE CREDIT SCORING UPDATE
A significant change is happening in mortgage lending.
Effective September 9, 2026, Fannie Mae and Freddie Mac expanded the availability of VantageScore 4.0 for eligible mortgage loans.
What does this mean for MLOs?
✅ Classic FICO is NOT going away.
✅ VantageScore 4.0 is now available for certain eligible conventional loans, subject to applicable GSE and lender requirements.
✅ VantageScore 4.0 uses newer scoring methodology, including trended credit data, which can provide a more complete picture of a consumer’s credit behavior.
✅ A borrower’s VantageScore 4.0 and Classic FICO score will not necessarily be the same.
✅ Understanding which credit-scoring model is being used is becoming increasingly important for mortgage professionals.
The mortgage industry continues to change—and our education needs to change with it.
At MLO Training Buddy, we’re committed to staying current with industry and regulatory developments so the education we provide reflects what’s happening in mortgage lending today.
📚 Stay informed. Stay compliant. Keep learning.
💙💚 MLO Training Buddy
Powered by MLO Study Buddy
More than a course. A higher standard.
