{"data":{"id":"us/12-cfr-1254.4","jurisdiction":"us","citation":"12 CFR 1254.4","heading":"Requirements for use of a credit score.","body":"(a) Enterprise use of a credit score. An Enterprise is not required to use a credit score for any business purpose. However, if an Enterprise conditions its purchase of a mortgage on the provision of a credit score for the borrower:\n(1) The credit score must be derived from a credit score model that has been approved by the Enterprise in accordance with this part; and\n(2) The Enterprise must provide for the use of the credit score by any automated underwriting system that uses a credit score and any other procedures and systems used by the Enterprise that use a credit score for mortgage purchases.\n(b) Replacement of credit score model. An Enterprise may replace any credit score model then in use after a new credit score model has been approved in accordance with this part.\n(c) No right to continuing use. Enterprise use of a particular credit score model does not create any right to or expectation of continuing, future, or permanent use of that credit score model by an Enterprise.","path":["Title 12—Banks and Banking","CHAPTER XII—FEDERAL HOUSING FINANCE AGENCY","SUBCHAPTER C—ENTERPRISES","PART 1254—VALIDATION AND APPROVAL OF CREDIT SCORE MODELS"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"5eaef9bf9f08ad0c474c10fc1f242734b04cb62e0b019ef9b015c243b0a517d9","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-1254.3","next":"us/12-cfr-1254.5"},"notice":"GroundRules: Original legal text. Not legal advice."}