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FHLBank San Francisco Partners with VantageScore
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Federal Home Loan Bank of San Francisco (FHLBank San Francisco) and VantageScore have partnered to accept mortgage collateral using VantageScore 4.0 credit scores, aiming to address the racial homeownership gap. This collaboration will provide approximately 33 million more consumers nationwide with access to credit scores that may aid them in obtaining mortgages, marking a significant step towards advancing racial equity in homeownership and wealth building.
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How might the acceptance of VantageScore 4.0 credit scores impact the credit industry and lending practices?
In what ways could this collaboration between FHLBank San Francisco and VantageScore influence broader discussions on financial inclusion and equality?
What are the potential implications of this partnership for the broader financial landscape and consumer access to credit?
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