KBRA Releases Research – GSEs Release Historical VantageScore 4.0 Data
2024年7月12日 - 6:49AM
ビジネスワイヤ(英語)
KBRA releases research examining historical VantageScore 4.0
(VS4) data published today by government-sponsored entities (GSE)
Fannie Mae and Freddie Mac. This data release is central to the
Federal Housing Finance Agency (FHFA) and the GSEs’ ongoing
initiative to revamp credit scoring methods for loans eligible for
GSE purchase. This initiative ultimately aims to transition away
from “classic” FICO scores—by far the most prevalent scores used in
mortgage lending over the past 20 years—to newer credit scoring
models and augmented calculation methods. In the report, KBRA is
taking a first look at the data that was released and providing
some context and background on the credit scoring landscape for
mortgage borrowers in the U.S.
The report includes:
- A summary of the VS4 historical score data that was released,
covering approximately 45.3 million loans, as well as a comparison
of the various score calculation methods provided.
- A comparison of VS4 scores to "classic" FICO scores within the
GSE historical loan performance data set.
- Background on the FHFA and GSE credit score initiative, FICO
scoring models (including 10T), and VantageScore.
Click here to view the report.
Related Publications
- FHFA Closed-End Seconds: Effect on PLS?
- RMBS Trend Watch: PLS Marches on, Leaving Some Buyers
Behind
- Synthetic Risk Transfers Taking the Spotlight
- FHFA’s Credit Score Proposal and Its Impacts on RMBS
About KBRA
KBRA is a full-service credit rating agency registered in the
U.S., the EU, and the UK, and is designated to provide structured
finance ratings in Canada. KBRA’s ratings can be used by investors
for regulatory capital purposes in multiple jurisdictions.
Doc ID: 1005083
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240711571190/en/
Sharif Mahdavian, Managing Director +1 646-731-2301
sharif.mahdavian@kbra.com
Daniel Hall, Senior Director +1 646-731-2421
daniel.hall@kbra.com
Jack Kahan, Senior Managing Director, Head of Global RMBS +1
646-731-2486 jack.kahan@kbra.com
Brian Ford, Head of Structured Finance Research +1 646-731-2329
brian.ford@kbra.com
Media Contact
Adam Tempkin, Director of Communications +1 646-731-1347
adam.tempkin@kbra.com
Business Development Contact
Daniel Stallone, Managing Director +1 646-731-1308
daniel.stallone@kbra.com