Rocket Mortgage will become the first mortgage lender to use VantageScore 4.0 as its preferred credit scoring model for all eligible loans starting Q4 2026. After testing, the company found VantageScore 4.0 helps more clients qualify for mortgages and reduces credit scoring costs, saving an average of $1,600 at closing. This move supports Rocket Mortgage's mission to expand homeownership access and follows encouragement from industry leaders to foster competition and innovation in credit scoring. The transition applies to most direct-to-consumer loans, while some loan types will still use FICO scores, and mortgage brokers will have access to both models.
Rocket Mortgage's adoption of VantageScore 4.0 as its preferred credit scoring model provides context for the financial sector's market activity. For readers following Financials-sector US stocks on Pluang, as of Sep 29, 2026 05:11 WIB, 23 of 85 stocks rose while 62 fell. Notably, Nu Holdings Ltd (NU) dropped 9.09% to USD 12.36 with a typical hold time of 53 days and a strong buy order activity of 90%, contrasting with Avalanche Treasury Corporation (AVAT) which fell 8.75% to USD 1.72 and had a shorter hold time of 11 days and a more balanced order activity of 58% buy. Riot Platforms Inc (RIOT) declined 5.74% to USD 21.68 with a hold time of 16 days and nearly even buy-sell orders at 51% buy.
Kodiak Sciences surged 178% following positive Phase III trial updates for a wet age-related macular degeneration treatment. Lifecore Biomedical rose 55% after agreeing to a $663.7 million acquisition by Webster Equity Partners. YD Bio gained 22%, li...
Several high-volume stocks including ITG Inc, Adicet Bio, Jaguar Health, Ocular Therapeutix, and Greenland Mines experienced sharp declines despite recent positive company news. The drops, ranging from about 19% to over 32%, appear driven by profit-t...
On September 28, 2026, Zcash (ZEC) price fell 8.5% to about $1,464 without any project-specific trigger. The decline coincided with a 13.5% drop in open interest on ZEC futures contracts at OKX, indicating leveraged positions were being closed rather...
Solana's new consensus mechanism, Alpenglow, was expected to activate on mainnet on September 28, 2026, but this did not happen. The date referred to a general window for feature activations, not Alpenglow specifically. Developers confirmed that Alpe...
Lifecore Biomedical's stock surged 55.24% to $6.52 after announcing an acquisition by Webster Equity Partners offering $6.28 per share in cash plus potential Contingent Value Rights up to $9.67 per share. The deal values the company at up to $663.7 m...
