“Studies show the mortgage marketplace will save over $600 million in the first 12 months of competition with VantageScore, with that number potentially reaching $1 billion in the first year,” said Silvio Tavares, President and CEO of VantageScore.
“We believe in the marketplace, we believe in competition, and we’ve done everything to deliver a better product, a better mortgage credit score.”
Tavares spoke with Bank of America equity analyst Curtis Nagle, CFA at Bank of America’s Information & Business Services conference in New York.
There, he highlighted the benefits of the VantageScore 4.0 mortgage credit score, emphasized VantageScore’s predictive superiority, and addressed how VantageScore is the most cost-effective credit score in the mortgage marketplace.
Listen to the full audio recording here:
Learn about VantageScore’s usage in the mortgage market here.
