Credit Score Models and Reports Initiative
VantageScore 4.0 Credit Model Updates
On July 8, 2025, U.S. Federal Housing (FHFA) announced that lenders will be able to use the VantageScore® 4.0 credit model or Classic FICO® via the tri-merge credit report requirement. Fannie Mae and Freddie Mac (the GSEs) are working closely with FHFA on next steps and remain committed to a smooth transition for our industry partners.
Additional implementation and timing details will be provided as soon as they are available and reflected in an updated version of the Partner Playbook.
Learn more and read FHFA’s FAQs
Previous Announcements & Statements
Current Credit Score Model
In accordance with the requirements of the Validation and Approval of Credit Score Models Rule (12 C.F.R. Part 1254), Fannie Mae performed the required assessments for the Classic FICO credit score model and determined that Classic FICO should be approved for continued use by Fannie Mae. The Federal Housing Finance Agency announced its approval of this determination on Nov. 10, 2020. This was an incremental step until further updates in accordance with the Rule.
