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FHFA Says Fannie, Freddie Can Use New Credit Score Models

By Brent Godwin (October 24, 2022, 5:27 PM EDT) -- The Federal Housing Finance Authority said on Monday that Fannie Mae and Freddie Mac would soon begin using new credit score models instead of the classic FICO model, and would also begin requiring only two, rather than three, credit reports from the consumer reporting agencies when evaluating loan applications....

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