VantageScore’s latest market adoption study shows substantial growth in mortgage origination, as covered in a recent National Mortgage News feature. Private mortgage market use of VantageScore surged 166% in 2024.
This phenomenal growth is driven by catalysts like the acceptance of VantageScore 4.0 for collateral at Federal Home Loan Banks, and the anticipated adoption of VantageScore by Fannie Mae, Freddie Mac and other government-sponsored entities by 4Q 2025.
Additional insights from the market adoption study show that the adoption of VantageScore by private mortgage companies in the past year outpaced an average 55% increase across industries. The analysis also showed a 142% growth in credit card usage, and 104% growth in financial services utilization more broadly.
Check out VantageScore’s recent 2024 Market Adoption study here:
