On April 22, 2026, the Federal Housing Finance Agency (FHFA) and Federal Housing Administration (FHA) announced that immediately VantageScore 4.0 and FICO 10T will both be accepted by both agencies.  

The GSE’s are starting a pilot with ~21 lenders for VantageScore 4.0 

The signal continued movement toward credit modernization, including expanded consideration of alternative credit data, scoring models, and potential shifts in how borrower risk is assessed. 

While not all changes are immediate, the direction is clear: greater flexibility in inputs, with increased pressure on lenders to evaluate impact.

Not fully. Most elements are: 

• Based on the announcement, we anticipate a phased implementation starting with the Pilot 
• Will be dependent on GSE alignment and lender readiness.
• Also subject to operational and system constraints 

This is less of a switch, more of a transition period.

Focus on three things: 

1. Understanding impact: Where could changes impact your credit decisioning, overlays, or pricing? 
2. Evaluating operational readiness: Systems, LOS, AUS, vendor integrations, and compliance frameworks 
3. Determine score choice: Lenders should be considering which score model(s) will be used across their portfolio for loan decisioning. 

• Expanded access to credit for certain borrowers 
• Increased competition in scoring models 
• Reduced cost for a tri-merge credit report 

• Data differences used in score models 
• Operational complexity and cost 
• Secondary market uncertainty 
• Potential borrower confusion 

It could go either way: 

• Positive: more inclusion, reduced cost 
• Negative: lack of understanding, rework, or conflicting outcomes 

Execution will determine the outcome. 

• LLPA’s for VantageScore 4.0 will be provided to pilot lenders 
• GSE AUS’ can ingest VantageScore 4.0 
• LOS vendors are in varying states of readiness  

Xactus360 can ingest VantageScore 4.0 today. 

• Lenders will have choice with implementation including at the loan level 
• Xactus will have loan level choice enabled in Xactus360 May 7, 2026 and targeted for our June 4, 2026 release for EPC integration 

We remain focused on: 

• Bringing you the facts and data as we have it 
• Maintaining lender optionality 
• Providing transparency across data sources 
• Enabling smarter sequencing of verification and credit data 

Our role is to help lenders navigate change without introducing unnecessary risk or cost.