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Scott Turner: “We made a announcement a few weeks ago that we will now with…”

Featuring: Scott Turner, Republican | Secretary of Housing and Urban Development | National

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HUD Secretary Scott Turner Shows How Administration Is Empowering Homebuilders

Published | Video Starts at 03:09

And what work are you doing to improve scores for borrowers so that they can get the best deal? Well, you know, We made a announcement a few weeks ago that we will now with FHA, we will accept Vantage Score 4.0 and FICO 10T. So that's coming in the next few months so that we can increase the amount of people that could potentially have a home and be a first time homebuyer. (03:09–03:19)

CLAIM

Asserts that FHA will accept Vantage Score 4.0 and FICO 10T for credit assessments.

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