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Fannie Mae and Freddie Mac will now allow lenders to use VantageScore, as well as FICO scores, when underwriting loans.
Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...
ET - The Federal Housing and Finance Agency decision allowing mortgage lenders to look at another credit score measure besides Fair Isaac Corp.'s FICO scores when assessing applicants is unlikely to ...
Mortgage lenders can now use the VantageScore 4.0 model when originating loans backed by Fannie Mae and Freddie Mac, which amount to nearly half of recent mortgage originations.
Mortgage lenders will soon have a new way to assess borrowers applying for government-backed loans. That sent the stock of America’s biggest credit score company plunging Tuesday.
Insurance companies typically don't use a FICO credit score to help calculate your rates - they use an insurance credit score. Here's what is and why it matters.
With BNPL loans exploding in popularity, a change is coming to credit scoring that shows just how mainstream they have become in consumer finance.
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