PennyMac Financial Services Completes Deployment Of VantageScore 4.0 Across Its Entire Production Platform

PennyMac Financial Services, Inc. (NYSE: PFSI) has completed the deployment of VantageScore 4.0 across its entire production platform, which includes consumer direct, broker direct, and correspondent channels. This move is part of the company's ongoing investment in next-generation lending technology aimed at reducing costs and increasing access to homeownership. The deployment aligns with recent announcements from the Federal Housing Finance Agency and the Department of Housing and Urban Development that have introduced credit score competition in the mortgage market for the first time in decades.