News

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.
Fannie and Freddie no longer require FICO. Will it help you get a mortgage?
The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score 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 ...
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 ...
CardRates.com1d
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 ...
Explore more
Pulte Updated the Credit Score Policy for Mortgages. That Hit FICO Stock Today.
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
Why Fair Isaac Corporation Fell This Week
VantageScore is a new credit score developed by the three major credit bureaus in 2017. It incorporates alternative data and ...
FICO Shares Down on FHFA Plan to Allow Another Credit Scoring Model
Fair Isaac shares retreated following Freddie Mac and Fannie Mae's decision to accept another measure when assessing mortgage borrowers, adding competition to the company's FICO credit score model.