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The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...
President Donald Trump's administration announced this week that mortgages sold to Fannie Mae and Freddie Mac will now accept ...
Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...
A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.
Fair Isaac (NYSE:FICO) stock tumbled 8.9% in Tuesday trading after Federal Housing Finance Agency Director Bill Pulte said ...
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For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...
Director William J. Pulte’s announcement yesterday that mortgage lenders who sell loans to Fannie Mae and Freddie Mac can, ...
Mortgage lenders can now use the VantageScore 4.0 model when originating loans backed by Fannie Mae and Freddie Mac, which ...
VantageScore is a new credit score developed by the three major credit bureaus in 2017. It incorporates alternative data and ...
The regulator for Fannie and Freddie wants to reduce the use of FICO for housing credit, while factoring in borrowers’ rent ...
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