Devin Norales: Can we create more homeowners without creating more risk?

How do you expand access to homeownership without taking on more risk? On this episode of Power House, Zeb Lowe sits down with Devin Norales, Head of Mortgage and Capital Markets at FICO, to discuss the future of credit scoring and why represents one of the biggest shifts in mortgage lending in decades. Norales explains how trended credit data and rental payment history can provide a more complete picture of borrowers, improving predictive accuracy while responsibly expanding credit access, particularly for first-time homebuyers. The conversation also explores the rental reporting gap, financial literacy and why credit modernization isn't just about better models, but better outcomes for borrowers, lenders and the housing market. Related to the episode: ⁠Zeb Lowe’s LinkedIn⁠ Devin Norales' LinkedIn FICO® Score 10T Want more from Zeb? Don’t forget to subscribe to LendingLife. The Power House podcast brings the biggest names in housing to answer hard-hitting questions about industry trends, operational and growth strategy, and leadership. Join HousingWire’s Zeb Lowe every Thursday morning for candid conversations with industry leaders to learn how they’re differentiating themselves from the competition. Hosted and produced by the HousingWire Content Studio.