Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...

The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...

The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for ...

For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...

A major shift is coming to the mortgage industry, and it could make homeownership more accessible for first-time buyers.

The regulator for Fannie and Freddie wants to reduce the use of FICO for housing credit, while factoring in borrowers’ rent ...

President Donald Trump's administration announced this week that mortgages sold to Fannie Mae and Freddie Mac will now accept VantageScore credit scores.

The 30-year fixed mortgage rate rose for the first time in six weeks, driven by Friday's strong jobs report and renewed ...

Freddie Mae and Fannie Mac are now allowed to calculate rent history in the algorithm for determining credit history loan ...

Don’t let financial fear hold you back from starting the homebuying process. Here’s everything you need to know to feel prepared, empowered and ready to make your move.

Director William J. Pulte’s announcement yesterday that mortgage lenders who sell loans to Fannie Mae and Freddie Mac can, ...