Articles from VantageScore

Silvio Tavares, President and CEO of VantageScore, will participate in two upcoming investor conferences in the second quarter of 2026.

Consumer credit conditions in April 2026 continued to stabilize as delinquency trends improved across most stages and products, supported by seasonal tax-related relief and disciplined balance management, according to the latest edition of CreditGauge™ from VantageScore. The average VantageScore 4.0 credit score held stable at 701, indicating that consumer credit health remains stable despite elevated interest rates and persistent affordability pressures.

Large mortgage brokers who have switched to VantageScore now report significantly improved pricing, eligibility and more approvals for creditworthy borrowers. Last week, many of the largest mortgage lenders in the U.S., such as United Wholesale Mortgage and NewRez, publicly shared for the first time their positive experiences with VantageScore 4.0 for conforming mortgages. One broker cited the ability to help borrowers secure “better interest rates, better terms, [and] better mortgage insurance terms.”1 These industry participants also describe the VantageScore 4.0 implementation as “seamless,” noting that access to VantageScore 4.0 provides additional flexibility in serving a broader range of creditworthy consumers. VantageScore 4.0 is the only modern credit score now available and implemented by both Fannie Mae and Freddie Mac that uses trended and alternative data, including rental payment data.

A new analysis of loan-level data from both Fannie Mae and Freddie Mac reveals that VantageScore 4.0 consistently better rank-orders mortgage borrower risk and also better separates risk than FICO. The analysis published by independent research firm Prosperity Now, titled “From Scores to Signals: Understanding Risk Classification in a Multi-Score Mortgage Market,” evaluates the performance of VantageScore 4.0 against the incumbent credit score across a ten-year period, including the COVID-19 stress environment, with a focus on how each model aligns with observed loan outcomes and real-world market conditions.

VantageScore today announced the results of an analysis demonstrating that VantageScore® 4.0 outperforms FICO 10T. In a first-of-its-kind analysis, VantageScore 4.0 delivers broader consumer coverage, greater transparency and a proven track record in real-world lending environments. Our head-to-head study confirms that VantageScore 4.0 is more predictive than both FICO 10T and Classic FICO. Mortgage lenders are encouraged to explore the benefits of VantageScore 4.0 by visiting the VantageScore Mortgage Resource Center. Lenders and partners interested in adopting VantageScore models or participating in pilot programs can contact their credit bureau representatives.

Households are pulling back on borrowing and reducing revolving balances, leading to improvements in consumer credit conditions, according to the latest edition of CreditGauge™ from VantageScore. The average VantageScore 4.0 credit score held steady at 701, reflecting continued consumer resilience amid elevated borrowing costs and broader macroeconomic uncertainty.

In a significant advancement for the U.S. mortgage market, the Federal Housing Finance Agency (FHFA) and the Federal Housing Administration (FHA) today announced the full implementation of the VantageScore 4.0 credit score across the government-sponsored mortgage sector. Following FHFA’s July 2025 approval of VantageScore 4.0 for use in Fannie Mae and Freddie Mac mortgages, today’s announcements confirm that implementation is in place at Fannie Mae and Freddie Mac and additionally that the FHA has accepted VantageScore 4.0 and commenced an implementation. Together, these milestones significantly reduce costs for American consumers and mortgage lenders by as much as $1 billion in the first year of mortgage credit score competition.

VantageScore today announced a significant new release for VantageScore RiskRatio™, the credit risk analytics tool designed to help mortgage, auto lenders and ABS investors benchmark, compare and act on consumer credit default risk. VantageScore’s suite of open-access digital tools provides users with interactive credit insights across models, industries and lifecycle stages. In addition to RiskRatio™ and CreditGauge™, the suite includes Inclusion360®, which uncovers underserved consumers by geographic market, and MarketGain™, which quantifies the expanded addressable market available through VantageScore credit score adoption.

Mortgage originators can enhance decision quality during pre-screen and pre-qualification, lower costs and broaden borrower access by implementing VantageScore 4.0 for mortgages, according to a new study published today. The analysis by OGMA Risk and Analytics, titled “How VantageScore 4.0 Unlocks Cost Reduction, Pipeline Performance, and a New Generation of Borrowers,” evaluates the impact of VantageScore 4.0 adoption on lenders who start using it in the pre-screen and pre-qualification stages of the mortgage origination process.

Lenders shrugged off macro-economic headwinds and increased their new credit accounts to top-tier consumers, according to the latest edition of CreditGauge™ from VantageScore. Through the end of February 2026, the average VantageScore 4.0 credit score increased by one point to 701, driven by improved balance-to-loan ratios.

Homeowners and lenders could save nearly $1 billion over the first year of full adoption of VantageScore, according to a newly updated analysis of mortgage credit score costs published by Deep Future Analytics. The analysis was updated immediately following new competitive pricing incentives for VantageScore credit scores announced independently last week by Equifax, Experian and TransUnion. The study finds that the Federal Housing Finance Agency’s (FHFA) decision to allow the modern and more predictive VantageScore 4.0 to be used with immediate effect for Fannie Mae and Freddie Mac mortgages results in more than $930 million in cost savings during the first year of implementation.

Silvio Tavares, President and CEO of VantageScore, will participate in Bank of America’s 2026 Information & Business Services Conference on March 12, 2026, in New York. Mr. Tavares is scheduled to speak from 10:00 a.m. to 10:35 a.m. Eastern Daylight Time in a fireside chat moderated by Curtis Nagle, Managing Director and Senior Equity Research Analyst at Bank of America Securities.

Mortgage delinquencies increased across all stages, with early-stage delinquencies rising by 30.9% year-over-year in January 2026, according to the latest edition of CreditGauge™ from VantageScore. Credit originations increased modestly over the same period as consumers increased leverage to better navigate the economic stress they perceive. The notable exception was credit card lending, where originations declined as credit card issuers tightened lending standards. The average VantageScore 4.0 credit score held steady at 700.

Federal Housing Finance Agency (FHFA) Director Bill Pulte’s July 2025 decision to authorize VantageScore 4.0 for competitive use in GSE-conforming mortgages saves the U.S. mortgage industry more than $600 million in the first year under a “full adoption” scenario, according to a newly published independent analysis from credit risk research company Deep Future Analytics. Consumers whose mortgages are originated using VantageScore 4.0 stand to save in excess of $100 per completed loan. Across all of the comprehensive scenarios analyzed in the study, the inclusion of VantageScore in the conforming mortgage market generated meaningful cost savings for both lenders and borrowers.

By the end of 2025, consumer credit conditions showed signs of softening, led by rising delinquency pressure and a modest decline in credit scores, according to the latest edition of CreditGauge™ from VantageScore. Overall credit delinquencies increased across all late payment stages, with late-stage mortgage delinquencies rising sharply year-over-year and increasing consistently across mid-stage and riskier credit tiers, signaling affordability-driven strain. The average VantageScore 4.0 credit score declined by one point to 700.

VantageScore Solutions, LLC, the developer of the VantageScore credit score model, announced today a free and transparent resource that provides key consumer credit score metrics and insights at https://vantagescore.com/consumer-credit-score-insights.