UWM says VantageScore 4.0 improves credit for 25% of borrowers
United Wholesale Mortgage (UWM)’s early adoption of VantageScore 4.0 is shifting outcomes for one-quarter of its borrowers, the company said. It aligns with analysts’ estimates based on historical data. UWM said about 25% of its borrowers are currently seeing a more advantageous credit result when using the new model instead of a Classic FICO score. […]
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