PennyMac Completes VantageScore 4.0 Deployment Across Production Channels

MT newswire2026/10/05 21:30

05:30 PM EDT, 10/05/2026 (MT Newswires) -- PennyMac Financial Services (PFSI) completed deployment of VantageScore 4.0 across its consumer direct, broker direct and correspondent production channels, the company said Monday. The deployment follows April announcements from the Federal Housing Finance Agency and Department of Housing and Urban Development that enabled the use of VantageScore 4.0 and other approved credit-scoring models in the conventional and Federal Housing Administration mortgage markets, PennyMac said. VantageScore 4.0 incorporates trended credit data covering up to 24 months, compared with older models that use a single snapshot of a borrower's credit file, the company said.

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