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Fannie and Freddie may use new credit scores. Will it help you get a mortgage?
The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
Challenger to FICO Credit Scores Gets Green Light for Use in Mortgages
Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.
Buy now, pay later payment history could soon impact your credit scores
FICO, the company behind the most widely used credit scoring models in the U.S., has developed two new algorithms that, for ...
A new type of credit score bursts onto the mortgage scene
For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...
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What’s the Difference Between FICO and VantageScore?
So, it’s no surprise that people want to know more about two popular scores: the FICO score and VantageScore. Read on to ...
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FICO’s BNPL Move May Allow Credit Card Issuers to Gain a Larger Slice of the Payment Pie
FICO is the first major credit score provider to incorporate BNPL information into its credit scores, the company said in a ...
Paying Rent on Time Could Now Help You Get a Mortgage After Key Change at Fannie and Freddie
Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...
The company behind your credit score is plunging on the stock market after a White House announcement
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 ...