News

The regulator for Fannie and Freddie wants to reduce the use of FICO for housing credit, while factoring in borrowers’ rent ...
The FICO score inventor continues its war with the new administration's FHFA Director Bill Pulte. Pulte said this week that ...
Freddie Mae and Fannie Mac are now allowed to calculate rent history in the algorithm for determining credit history loan ...
The move their regulator Bill Pulte announced introduces competition for one metric but charges from three credit bureaus ...
Fair Isaac (FICO) stock tumbled 8.9% in Tuesday trading after FHfA Director Bill Pulte said mortgage finance giants Fannie ...
Mortgage lenders can now use the VantageScore 4.0 model when originating loans backed by Fannie Mae and Freddie Mac, which ...
A major shift is coming to the mortgage industry, and it could make homeownership more accessible for first-time buyers.
President Donald Trump's administration announced this week that mortgages sold to Fannie Mae and Freddie Mac will now accept ...
Mortgage lenders working with Fannie Mae and Freddie Mac can now choose to use Vantage Score 4.0, while still keeping ...
Raise your hand if you know what a FICO score is. Now, keep your hand raised if you know the company that developed the FICO ...
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 ...
Americans facing housing challenges may benefit from new FHFA policy that counts rent payments toward mortgage qualification, ...