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

Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.

For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...

You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...

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

FICO is the first major credit score provider to incorporate BNPL information into its credit scores, the company said in a ...

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

FICO uses multiple scoring models, but, traditionally, they have looked at a consumer’s data as one snapshot in time. In 2020, however, FICO added a new model that looks at balance activity over ...