VantageScore Notches a Win in FICO-Dominated Securitization Market

National Mortgage News, June 7, 2022–Polo Rocha (subscription)
The FICO credit score has long been dominant in consumer securitizations — where lenders bundle consumer loans so that investors can buy a chunk — but that may be starting to change. The credit card issuer Synchrony Financial used FICO’s top competitor, VantageScore, on a recent $1 billion securitization deal.