News

The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...
Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...
The regulator for Fannie and Freddie wants to reduce the use of FICO for housing credit, while factoring in borrowers’ rent ...
For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...
Fannie Mae and Freddie Mac will now use multiple methods to assess mortgage applicants due to a new decision by the Federal ...
Mortgage lenders can now use the VantageScore 4.0 model when originating loans backed by Fannie Mae and Freddie Mac, which ...
Fair Isaac Corp (FICO) shares tumbled on Tuesday after the Federal Housing Finance Agency (FHFA) announced that it would ...
Mortgage lenders working with Fannie Mae and Freddie Mac can now choose to use Vantage Score 4.0, while still keeping ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
VantageScore is a new credit score developed by the three major credit bureaus in 2017. It incorporates alternative data and ...