Showing results for 
Search instead for 
Did you mean: 

FICO vs Vantage

Not applicable

Re: FICO vs Vantage

TT, is there a tentative data that you know of where VS 4.0 may be put in use?


iv, good points above regarding how some hypothetical changes to VS 4.0 could result in scoring events that run converse to current FICO models.  Interesting stuff to think about, for sure.

Message 11 of 12
Valued Contributor

Re: FICO vs Vantage

Well, they are pushing VS4.0 pretty hard as a replacement for the current "mortgage score" EQ5/TU4/EX2 set:


"VantageScore 4.0 is well suited to the U.S. mortgage market, thanks to its unsurpassed scoring accuracy, consistency across CRCs, and ability to score millions of creditworthy consumers who cannot obtain credit scores when competing models are used.  VantageScore is committed to promoting credit scoring competition in the mortgage market and to changing guidelines at Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSEs) that process the vast majority of U.S. home mortgages. The GSEs currently require use of an outdated FICO model. As a testament to the advancements made on VantageScore 4.0, the new model offers predictive performance lift across all credit industries, with 2.8% predictive lift overall in loan originations and a 5.4% lift in mortgage originations."


Of course when/if Freddie and Fannie change, (and to what model)... who knows?


EQ8:850 TU8:850 EX8:850
EQ9:847 TU9:847 EX9:839
EQ5:797 TU4:807 EX2:813 - 2021-06-06
Message 12 of 12
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.