New FICO Score May Reduce Mortgage Defaults, But Will the GSEs Use It?

National Mortgage News, Jan. 23, 2020–Bonnie Sinnock (subscription)
FICO plans to release a new suite of scores that could reduce defaults on newly originated mortgages by 17%, but home lenders may not use it unless the government-sponsored enterprises do.
https://www.nationalmortgagenews.com/news/new-fico-score-may-reduce-mortgage-defaults-but-will-the-gses-use-it