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via finance.yahoo.comBusiness & Companies

Equifax Reports Accelerated Adoption of VantageScore 4.0 Across Mortgage Industry

FROM THE WIRE · FINANCE.YAHOO.COM

Nearly 2,000 Mortgage Lenders Implementing Modern, Alternative Data-Driven Scoring Model; Equifax Extends $1 VantageScore 4.0 Pricing through the End of 2028 to Drive Industry Adoption, Homeownership Affordability, and Cost Savings Nearly 2,000 mortgage lenders and resellers are…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishNearly 2,000 mortgage lenders adopting VantageScore 4.0; Equifax extends promotional pricing through 2028.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Nearly 2,000 mortgage lenders and resellers using Equifax's VantageScore 4.0.
  2. 02Over 165 lenders exclusively using VantageScore 4.0 at $1 price for certain loan types.
  3. 03Equifax maintains promotional pricing through 2028 to expand adoption and drive potential $1 billion industry savings.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Equifax Inc.EFXStock145.54 USDMarket closedtoday +2.18%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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