FHA expected to keep Classic FICO as it adds new models in January

Why it matters

The FHA's decision to retain Classic FICO while adding new models is a notable regulatory update affecting mortgage underwriting standards, with moderate breadth and relevance to lenders, but it is largely an expected, incremental change without immediate systemic impact.

Sources

• HousingWire

  FHA expected to keep Classic FICO as it adds new models in January

  Lenders expect model consistency will be required at the loan level