Fight! Fight! FICO and Vantage Score duke it out over which scoring system will be used for mortgage lending.

Fight! Fight!

A brawl has erupted, and everyone’s circling around to watch. But instead of being schoolyard fisticuffs, this imbroglio is over which credit score lenders will use for home loans.

For as long as we can remember, lenders used FICO scores to decide whether a borrower qualified for a mortgage loan, which was then sold to the credit giants Fannie Mae or Freddie Mac.

But a rising tide ...

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The Six Pillars of Online Marketing that every mortgage professional needs in 2018 (and why!)

Right now, there are about 315,000 licensed mortgage professionals in the U.S., as well as countless more lenders working for banks, credit unions, and other financial institutions.

And while there were about 5.5 million purchase loans and over $2 trillion in mortgage originations this year, banks are looking to take on a bigger share of in-house ...

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