News

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.
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 ...
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 ...
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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 ...
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 Stock Just Crashed
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 ...
BNPL Coming to FICO Credit Scores Later this Year
Many consumers have been using buy now, pay later payment options like Affirm, PayPal Credit or Klarna – surveys put usage at ...