Fannie, Freddie’s Old FICO Standards Squeeze Millions of Would-Be Homebuyers

Orange County Register, Mar. 4, 2021–Jeff Lazerson
The reality is mortgage giants Fannie and Freddie continue to mandate the use of legacy FICO software from two decades ago rather than current credit standards used in auto and credit financing. (MBA mention)
https://www.redlandsdailyfacts.com/2021/03/04/30-year-mortgage-rates-hit-7-1-2-month-high/