The stock is down 20% today due to VantageScore 4.0, the Mortgage Credit Score, Now FHFA Approved for All Lenders Originating Fannie Mae and Freddie Mac Mortgage Loans.
VantageScore 4.0 Responsibly Expands the Mortgage Market by Identifying More Qualified Borrowers for Homeownership
VantageScore 4.0 is More Predictive Because it Uses 400% More Credit Report and Alternative Data than Legacy Credit Scores
VantageScore 4.0 Implementation Unlocks Nearly $1 Billion in Annual Cost Savings Across the Mortgage Market
The once monopoly is now duopoly, how do u see it at this price? Is it quite similar to visa and Mastercard now?