**Apologies if this is a Duplicate Post. My search yielded no recent posts regarding this topic**
~Posted on the FHFA.gov site approximately eight calendar days ago so I though it would be nice to mention any "updates".
FHFA Announces Key Updates for Implementation of Enterprise Credit Score Requirements
Use of “bi-merge” credit reporting to occur simultaneously with implementation of new credit score model requirements
FOR IMMEDIATE RELEASE
2/29/2024
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced updates to the implementation of new credit score requirements for single-family loans acquired by Fannie Mae and Freddie Mac (the Enterprises).
Following extensive stakeholder engagement and input, FHFA is aligning the implementation date of the bi-merge credit reporting requirement with the transition from the Classic FICO credit score model. This aligned transition is expected to occur in the fourth quarter of 2025.
...we'll see what happens.
