Why Is Equifax (EFX) Facing New Pressure In Mortgage Credit Scores?

Equifax (NYSE:EFX) faces fresh competition as Fannie Mae and Freddie Mac move to include VantageScore in mortgage underwriting in 2026. The Federal Housing Finance Agency is directing Fannie and Freddie to use a single pricing grid that applies to both VantageScore and FICO models. Major originators such as Rocket Mortgage are preparing to adopt the dual-score framework, reshaping demand for traditional mortgage credit reports. The shift to VantageScore alongside FICO could alter Equifax's...