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Mortgage credit scores are evolving. What homebuyers need to know

Source: CNBC

Housing & Real EstateRegulation & LegislationCredit & Bond Markets

Mortgage lenders working with Fannie Mae and Freddie Mac have been authorized to use VantageScore 4.0. The change expands eligible credit-scoring options for GSE-backed mortgages and could broaden borrower access to home financing, though adoption remains voluntary.

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