FICO announced a significant milestone in housing finance: the launch of the first ever government-issued mortgage-backed security (MBS) with loans decisioned using FICO® Score 10 T. This historic MBS pool, issued by Cardinal Financial (Cardinal), included VA loans assessed through FICO?s most innovative scoring model, setting a new precedent for smarter lending decisions and increased borrower inclusion. FICO® Score 10 T incorporates trended data to provide lenders with a more comprehensive understanding of credit behavior over time, enabling more accurate risk assessments while expanding opportunities for borrowers, including veterans and active-duty military personnel. FICO collaborated with the U.S. Veterans Administration (VA) to confirm acceptance of FICO Score 10 T ahead of the widespread transition as required by the Federal Housing Finance Agency.