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

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

Mortgage lenders can now use the VantageScore 4.0 model when originating loans backed by Fannie Mae and Freddie Mac, which ...

Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...

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

VantageScore is a new credit score developed by the three major credit bureaus in 2017. It incorporates alternative data and ...

Fair Isaac Corp (FICO) shares tumbled on Tuesday after the Federal Housing Finance Agency (FHFA) announced that it would ...

Mortgage lenders working with Fannie Mae and Freddie Mac can now choose to use Vantage Score 4.0, while still keeping ...

FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...

The move their regulator Bill Pulte announced introduces competition for one metric but charges from three credit bureaus ...

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 ...

Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...