WASHINGTON, D.C. — The Federal Housing Finance Agency’s (FHFA) recent announcement on preserving Tri-Merge credit reports while approving the use of VantageScore 4.0 marks a significant policy development in mortgage lending. Prosperity Now appreciates the Agency’s focus on improving access to home financing and reducing costs for consumers.

Implementation details will be key. Any changes to credit scoring frameworks—particularly in a market this complex—require clear coordination, consistent guidance, and transparency to ensure stability for lenders, investors, and borrowers alike.

For households striving toward financial stability in today’s high-cost housing market, predictability in lending and pricing is essential. Expanding access to credit is a worthy goal, and the path to get there must be clear, actionable, and grounded in how the market operates.

We look forward to additional guidance from FHFA and the GSEs in the weeks ahead. Prosperity Now remains committed to advancing data-driven solutions that increase financial access, protect consumers, and support a resilient, well-functioning housing finance system.