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Is FICO changing score models?

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Established Contributor

Is FICO changing score models?

According to a recent article  from wallet pop,  Fico has introduced a revised mortgage scoring model.

http://www.walletpop.com/2010/11/30/new-credit-scoring-rules-to-make-qualifying-for-loans-tougher-in...

 

Are there any other changes forthcoming with FICO standard or will there be a transition to Vantage 2.0?

 

The article speaks about  the FICO 8 Mortgage Score.   Other articles I have read suggest that  the revisions

introduced by Vantage 2.0 are already being used by 5 of the top banks and 2 of the major auto lenders.

 

Anyone have any info on this?

 

Thanks

 


ETA:  link

 

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